Bitcoin Intraday: rebound towards 89530
Bitcoin (BTC/USD)
-1759.20-2.02%
rebound towards 89530.
Our pivot point is at 86110.
Our preference: rebound towards 89530.
Alternative scenario: below 86110, expect 84830 and 84060.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87296 and 90093).
Supports and resistances:
91060 **
90300 *
89530 **
88770
87211 last
86620
86110 **
84830 *
84060 **
Our preference: rebound towards 89530.
Alternative scenario: below 86110, expect 84830 and 84060.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87296 and 90093).
Supports and resistances:
91060 **
90300 *
89530 **
88770
87211 last
86620
86110 **
84830 *
84060 **
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