Bitcoin / Dollar intraday: rebound towards 17510
Our pivot point is at 16540.
Our preference:
Rebound towards 17510.
Alternative scenario:
Below 16540, expect 16160 and 15940.
Comment:
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 16836 and 16838).