Bitcoin / Dollar intraday: rebound towards 16980
Our pivot point stands at 16300.
Our preference:
Rebound towards 16980.
Alternative scenario:
The downside breakout of 16300 would call for 16040 and 15900.
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 16557 and 16678).
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