Swissquote Bank Research Team
Swissquote Bank Ltd
Bitcoin/Dollar
Rebound expected.
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Pivot (invalidation): 8060
Our preference
Long positions above 8060 with targets at 8330 & 8500 in extension.
Alternative scenario
Below 8060 look for further downside with 7850 & 7690 as targets.
Comment
The RSI calls for a rebound.
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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