Bitcoin (BTC/USD) February 09, 2020

٩ فبراير ٢٠٢٠

BTCUSD

Pivot Point: (65 day EMA) $8552.82

The long-term trend is considered up when BTC/USD is above the 65 day EMA

Our view: Long positions above (65 day EMA) $8552.82

Comment: BTC/USD remains Bullish above the $8552.82 level—Buy on a pullback into the value zone (area between the 13 & 26 day EMA)

Stop-loss: (65 day EMA) $8552.82

Alternative scenario: Below $8552.82 BTC/USD becomes Bearish, expect further downside to lower levels