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Bitcoin/Dollar levels: As long as 6207 is support look for 6679

Bitcoin/Dollar levels: As long as 6207 is support look for 6679
Swissquote Bank Research TeamSwissquote Bank Research TeamSwissquote Bank Ltd

Bitcoin/Dollar

As long as 6207 is support look for 6679

Bitcoin

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Our pivot (invalidation) point stands at 6207.

Our preference
As Long as 6207 is support look for 6679.

Alternative scenario
Below 6207, expect 6026 and 5918.

Comment
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 6340 and 6283).

Author

Swissquote Bank Research Team

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