Bitcoin Intraday: rebound towards 81230
Bitcoin (BTC/USD)
-56.45-0.07%
rebound towards 81230.
Our pivot point stands at 78490.
Our preference: rebound towards 81230.
Alternative scenario: the downside breakout of 78490 would call for 77480 and 76870.
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 stands below its 20 and 50 period moving average (respectively at 79386 and 80237).
Supports and resistances:
81830 *
81230 **
80620
79325 last
78490 **
77480 *
76870 **
Our preference: rebound towards 81230.
Alternative scenario: the downside breakout of 78490 would call for 77480 and 76870.
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 stands below its 20 and 50 period moving average (respectively at 79386 and 80237).
Supports and resistances:
81830 *
81230 **
80620
79325 last
78490 **
77480 *
76870 **
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