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Bitcoin/Dollar levels: As long as 6079 is support look for 6580

Bitcoin/Dollar levels: As long as 6079 is support look for 6580
Swissquote Bank Research TeamSwissquote Bank Research TeamSwissquote Bank Ltd

Bitcoin/Dollar

As long as 6079 is support look for 6580.

Bitcoin

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Our pivot (invalidation) point stands at 6079.

Our preference
As Long as 6079 is support look for 6580.

Alternative scenario
Below 6079, expect 5886 and 5771.

Comment
The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is below its 20 MA (6244) but above its 50 MA (6213).

Author

Swissquote Bank Research Team

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