Bitcoin Intraday: rebound towards 74050

Bitcoin (BTC/USD)
-140.23-0.20%
rebound towards 74050.
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Our pivot point stands at 69710.

Our preference: rebound towards 74050.

Alternative scenario: below 69710, expect 68050 and 67060.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 71259 and 72653).

Supports and resistances:
75040 *
74050 **
73060
71063 last
69710 **
68050 *
67060 **

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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