Bitcoin Intraday: rebound towards 97420

Bitcoin (BTC/USD)
+43.63+0.05%
rebound towards 97420.
image
Our pivot point is at 94290.

Our preference: rebound towards 97420.

Alternative scenario: below 94290, expect 93110 and 92400.

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 95471 and 96085).

Supports and resistances:
98830 **
98130 *
97420 **
96720
95312 last
94750
94290 **
93110 *
92400 **

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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