Bitcoin Intraday: rebound towards 64960
Bitcoin (BTC/USD)
-2426.12-3.74%
rebound towards 64960.
Our pivot point is at 62750.
Our preference: rebound towards 64960.
Alternative scenario: the downside breakout of 62750 would call for 62020 and 61580.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63633 and 65191).
Supports and resistances:
65400 *
64960 **
64520
63416 last
62750 **
62020 *
61580 **
Our preference: rebound towards 64960.
Alternative scenario: the downside breakout of 62750 would call for 62020 and 61580.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63633 and 65191).
Supports and resistances:
65400 *
64960 **
64520
63416 last
62750 **
62020 *
61580 **
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