Bitcoin Intraday: rebound towards 80010
Bitcoin (BTC/USD)
+200.77+0.26%
rebound towards 80010.
Our pivot point stands at 77340.
Our preference: rebound towards 80010.
Alternative scenario: the downside breakout of 77340 would call for 76380 and 75810.
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 is trading under both its 20 and 50 period moving average (respectively at 78607 and 80006).
Supports and resistances:
81150 **
80580 *
80010 **
79440
78256 last
77710
77340 **
76380 *
75810 **
Our preference: rebound towards 80010.
Alternative scenario: the downside breakout of 77340 would call for 76380 and 75810.
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 is trading under both its 20 and 50 period moving average (respectively at 78607 and 80006).
Supports and resistances:
81150 **
80580 *
80010 **
79440
78256 last
77710
77340 **
76380 *
75810 **
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