Bitcoin Intraday: rebound towards 64500

Bitcoin (BTC/USD)
-1397.64-2.18%
rebound towards 64500.
image
62210 is our pivot point.

Our preference: rebound towards 64500.

Alternative scenario: the downside breakout of 62210 would call for 61400 and 60920.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62997 and 63607).

Supports and resistances:
64980 *
64500 **
64010
62871 last
62210 **
61400 *
60920 **

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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