Bitcoin Intraday: rebound towards 91130
Bitcoin (BTC/USD)
-1527.95-1.71%
rebound towards 91130.
Our pivot point is at 88350.
Our preference: rebound towards 91130.
Alternative scenario: below 88350, expect 87290 and 86650.
Comment: the RSI is below its neutrality area at 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 89288 and 89434).
Supports and resistances:
92400 **
91760 *
91130 **
90500
89233 last
88770
88350 **
87290 *
86650 **
Our preference: rebound towards 91130.
Alternative scenario: below 88350, expect 87290 and 86650.
Comment: the RSI is below its neutrality area at 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 89288 and 89434).
Supports and resistances:
92400 **
91760 *
91130 **
90500
89233 last
88770
88350 **
87290 *
86650 **
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