Bitcoin / Dollar intraday: rebound towards 29230
Our pivot point stands at 27690.
Our preference:
Rebound towards 29230.
Alternative scenario:
Below 27690, expect 27110 and 26760.
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 above its 20 period moving average (28109) but under its 50 period moving average (28351).