Bitcoin Intraday: rebound towards 97630

Bitcoin (BTC/USD)
+43.63+0.05%
rebound towards 97630.
image
94530 is our pivot point.

Our preference: rebound towards 97630.

Alternative scenario: the downside breakout of 94530 would call for 93350 and 92640.

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 95613 and 96148).

Supports and resistances:
99040 **
98340 *
97630 **
96930
95500 last
95000
94530 **
93350 *
92640 **

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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