Bitcoin Intraday: Rebound expected
Bitcoin (BTC/USD)+107.91+0.13%
In spite of the current correction, a rebound near 82,923 is expected as long as 81,230 is still intact

Our pivot point is at 81,230.
Our preference: In spite of the current correction, a rebound near 82,923 is expected as long as 81,230 is still intact
Alternative scenario: below 81,230, expect 80,693 and 80,373.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. The price stands above its 20 period moving average (81,525) but below its 50 period moving average (82,197).
Supports and resistances:
83,244 *
82,923 **
82,602
81,927 last
81,230 **
80,693 *
80,373 **
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