Swissquote Bank Research Team
Swissquote Bank Ltd
Bitcoin/Dollar
Watch 6830.
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Pivot (invalidation): 7155
Our preference
Short positions below 7155 with targets at 6830 & 6635 in extension.
Alternative scenario
Above 7155 look for further upside with 7350 & 7535 as targets.
Comment
A break below 6830 would trigger a drop towards 6635.
This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.
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