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Bitcoin / USD ST: bullish bias above 63000.

2024-04-08
934

Pivot: 63000

Our preference: long positions above 63000 with targets at 77000 & 80000 in extension.

Alternative scenario: below 63000 look for further downside with 55500 & 49400 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

84000

80000

77000

70605 Last

63000

55500

49400

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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