Bitcoin Intraday: rebound towards 99980
Bitcoin (BTC/USD)+250.77+0.25%
rebound towards 99980.
Our pivot point stands at 95420.
Our preference: rebound towards 99980.
Alternative scenario: below 95420, expect 93700 and 92680.
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 is trading under both its 20 and 50 period moving average (respectively at 96901 and 97020).
Supports and resistances:
102030 **
101010 *
99980 **
98960
96901 last
96100
95420 **
93700 *
92680 **
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