Bitcoin Intraday: rebound towards 79980
Bitcoin (BTC/USD)
-594.05-0.76%
rebound towards 79980.
Our pivot point is at 76540.
Our preference: rebound towards 79980.
Alternative scenario: below 76540, expect 75260 and 74510.
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 77827 and 78300).
Supports and resistances:
80740 *
79980 **
79220
77594 last
76540 **
75260 *
74510 **
Our preference: rebound towards 79980.
Alternative scenario: below 76540, expect 75260 and 74510.
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 77827 and 78300).
Supports and resistances:
80740 *
79980 **
79220
77594 last
76540 **
75260 *
74510 **
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