Bitcoin Intraday: rebound towards 90150
Bitcoin (BTC/USD)
-439.19-0.50%
rebound towards 90150.
Our pivot point stands at 86370.
Our preference: rebound towards 90150.
Alternative scenario: the downside breakout of 86370 would call for 85070 and 84300.
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 87622 and 88390).
Supports and resistances:
91700 **
90930 *
90150 **
89380
87594 last
86870
86370 **
85070 *
84300 **
Our preference: rebound towards 90150.
Alternative scenario: the downside breakout of 86370 would call for 85070 and 84300.
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 87622 and 88390).
Supports and resistances:
91700 **
90930 *
90150 **
89380
87594 last
86870
86370 **
85070 *
84300 **
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