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Bitcoin / USD ST: 70000 in sight.

2024-03-04
278

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

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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