Bitcoin Intraday: rebound towards 80010
Bitcoin (BTC/USD)
-861.26-1.09%
rebound towards 80010.
Our pivot point is at 77390.
Our preference: rebound towards 80010.
Alternative scenario: below 77390, expect 76390 and 75790.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (78077) but below its 50 period moving average (78580).
Supports and resistances:
80610 *
80010 **
79420
78204 last
77390 **
76390 *
75790 **
Our preference: rebound towards 80010.
Alternative scenario: below 77390, expect 76390 and 75790.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (78077) but below its 50 period moving average (78580).
Supports and resistances:
80610 *
80010 **
79420
78204 last
77390 **
76390 *
75790 **
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