Bitcoin Intraday: rebound towards 84720
Bitcoin (BTC/USD)
-325.48-0.39%
rebound towards 84720.
81500 is our pivot point.
Our preference: rebound towards 84720.
Alternative scenario: the downside breakout of 81500 would call for 80490 and 79890.
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 82612 and 83651).
Supports and resistances:
85930 **
85320 *
84720 **
84120
82575 last
81890
81500 **
80490 *
79890 **
Our preference: rebound towards 84720.
Alternative scenario: the downside breakout of 81500 would call for 80490 and 79890.
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 82612 and 83651).
Supports and resistances:
85930 **
85320 *
84720 **
84120
82575 last
81890
81500 **
80490 *
79890 **
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