#BTC/USDT Prediction : October 27, 2023 at 08:04 PM
***Period of high margin requirements***
BTC Bitcoin / USDT intraday:
the downside prevails as long as 34080 is resistance
BTC may fall 631 - 901 USD
Our preference
The downside prevails as long as 34080 is resistance.
34,830.00Resistance * * *
34,550.00 Resistance * *
34,080.00 Resistance *
33,691.00 Last
34,080.00 Pivot
33,060.00 Support *
32,790.00 Support * *
32,510.00 Support * * *
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 33903 and 34020).
Alternative scenario
Above 34080, look for 34550 and 34830.
$USDT
