Bitcoin Intraday: rebound towards 71670
Bitcoin (BTC/USD)
-1771.96-2.52%
rebound towards 71670.
Our pivot point stands at 67540.
Our preference: rebound towards 71670.
Alternative scenario: the downside breakout of 67540 would call for 66110 and 65260.
Comment: the RSI is below its neutrality area at 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 69050 and 69606).
Supports and resistances:
73390 **
72530 *
71670 **
70810
68959 last
68110
67540 **
66110 *
65260 **
Our preference: rebound towards 71670.
Alternative scenario: the downside breakout of 67540 would call for 66110 and 65260.
Comment: the RSI is below its neutrality area at 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 69050 and 69606).
Supports and resistances:
73390 **
72530 *
71670 **
70810
68959 last
68110
67540 **
66110 *
65260 **
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