Bitcoin Intraday: rebound towards 116040
Bitcoin (BTC/USD)+608.33+0.56%
rebound towards 116040.

Our pivot point is at 111730.
Our preference: rebound towards 116040.
Alternative scenario: the downside breakout of 111730 would call for 110370 and 109560.
Comment: the RSI is below 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 113134 and 113532).
Supports and resistances:
117670 **
116850 *
116040 **
115230
112950 last
112260
111730 **
110370 *
109560 **
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