Bitcoin Intraday: rebound towards 82690

Bitcoin (BTC/USD)
-1616.72-1.98%
rebound towards 82690.
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Our pivot point is at 79770.

Our preference: rebound towards 82690.

Alternative scenario: below 79770, expect 78740 and 78120.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 80894 and 81263).

Supports and resistances:
83310 *
82690 **
82080
80796 last
79770 **
78740 *
78120 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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