Bitcoin Intraday: Throwback or further upside?
Bitcoin (BTC/USD)+778.28+0.98%
Rebound above 79,290 towards 81,496

Our pivot point is at 79,290.
Our preference: Rebound above 79,290 towards 81,496
Alternative scenario: below 79,290, expect 78,567 and 78,137.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
81,927 *
81,496 **
81,064
80,541 last
79,290 **
78,567 *
78,137 **
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