Bitcoin / Dollar intraday: rebound towards 17210
Our pivot point stands at 16230.
Our preference:
Rebound towards 17210.
Alternative scenario:
The downside breakout of 16230 would call for 15860 and 15650.
Comment:
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (16544) but under its 50 period moving average (16717).
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