Bitcoin Intraday: rebound towards 77990
Bitcoin (BTC/USD)
-247.49-0.33%
rebound towards 77990.
74990 is our pivot point.
Our preference: rebound towards 77990.
Alternative scenario: the downside breakout of 74990 would call for 73840 and 73160.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (75838) but under its 50 period moving average (76444).
Supports and resistances:
78680 *
77990 **
77300
75932 last
74990 **
73840 *
73160 **
Our preference: rebound towards 77990.
Alternative scenario: the downside breakout of 74990 would call for 73840 and 73160.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (75838) but under its 50 period moving average (76444).
Supports and resistances:
78680 *
77990 **
77300
75932 last
74990 **
73840 *
73160 **
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