Bitcoin / USD ST: 70000 in sight.
Pivot: 53000
Our preference: long positions above 53000 with targets at 70000 & 78000 in extension.
Alternative scenario: below 53000 look for further downside with 47000 & 39000 as targets.
Comment: the immediate trend remains up and the momentum is strong.
Supports and resistances:
80000
78000
70000
65214 Last
53000
47000
39000
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