Bitcoin / USD ST: bullish bias above 62000.
Pivot: 62000
Our preference: long positions above 62000 with targets at 73800 & 77500 in extension.
Alternative scenario: below 62000 look for further downside with 53000 & 47000 as targets.
Comment: a support base at 62000 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
83000
77500
73800
66818 Last
62000
53000
47000
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.
CM Trade Mobile Application
Economics Calendar
More