Bitcoin - Intraday - We look to Sell at 64798 (stop at 66006)
Price action continues to trade around the all-time highs.
Weekly pivot is at 64900.
We are trading at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 61505 and 60505
Resistance: 64800 / 66000 / 67000
Support: 63000 / 62000 / 61000
Price action continues to trade around the all-time highs.
Weekly pivot is at 64900.
We are trading at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 61505 and 60505
Resistance: 64800 / 66000 / 67000
Support: 63000 / 62000 / 61000
Trade closed: stop reached
