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Bitcoin/Dollar Levels: Continuation of the rebound

Bitcoin/Dollar Levels: Continuation of the rebound
Swissquote Bank Research TeamSwissquote Bank Research TeamSwissquote Bank Ltd

Bitcoin/Dollar

Continuation of the rebound.

BTC/USD

Stay on top of the markets with Swissquote’s News & Analysis

Pivot (invalidation): 6055

Our preference
Long positions above 6055 with targets at 6455 & 6630 in extension. .

Alternative scenario
Below 6055 look for further downside with 5885 & 5700 as targets.

Comment
The RSI is bullish and calls for further upside.

Author

Swissquote Bank Research Team

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