Bitcoin / Dollar intraday: rebound towards 40390
Our pivot point is at 37380.
Our preference:
Rebound towards 40390.
Alternative scenario:
Below 37380, expect 36240 and 35570.
Comment:
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (38310) but below its 50 period moving average (38974).
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