Bitcoin Intraday: rebound towards 90130
Bitcoin (BTC/USD)
-1498.60-1.68%
rebound towards 90130.
Our pivot point is at 87290.
Our preference: rebound towards 90130.
Alternative scenario: the downside breakout of 87290 would call for 86210 and 85570.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 88428 and 89026).
Supports and resistances:
91420 **
90780 *
90130 **
89490
88167 last
87710
87290 **
86210 *
85570 **
Our preference: rebound towards 90130.
Alternative scenario: the downside breakout of 87290 would call for 86210 and 85570.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 88428 and 89026).
Supports and resistances:
91420 **
90780 *
90130 **
89490
88167 last
87710
87290 **
86210 *
85570 **
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