Bitcoin Intraday: rebound towards 63920
Bitcoin (BTC/USD)
+131.65+0.21%
rebound towards 63920.
Our pivot point is at 61730.
Our preference: rebound towards 63920.
Alternative scenario: the downside breakout of 61730 would call for 60940 and 60470.
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 62647 and 62969).
Supports and resistances:
64390 *
63920 **
63450
62506 last
61730 **
60940 *
60470 **
Our preference: rebound towards 63920.
Alternative scenario: the downside breakout of 61730 would call for 60940 and 60470.
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 62647 and 62969).
Supports and resistances:
64390 *
63920 **
63450
62506 last
61730 **
60940 *
60470 **
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