Bitcoin
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Bitcoin: Buying at Support

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Bitcoin - Intraday - We look to Buy at 46485 (stop at 45338)

Previous support located at 46500. Previous resistance located at 49500. We look for a temporary move lower. The bias is still for higher levels and we look for any dips to be limited. Further upside is expected although we prefer to set longs at our bespoke support levels at 46500, resulting in improved risk/reward. We look to buy dips.

Our profit targets will be 49538 and 50300

Resistance: 49500 / 50000 / 51000
Support: 46500 / 46000 / 45500

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