Bitcoin / Dollar intraday: technical rebound towards 61700 before a new drop
Our pivot point stands at 61700.
Our preference:
Technical rebound towards 61700 before a new drop.
Alternative scenario:
The upside breakout of 61700, would call for 62880 and 63580.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (60640) but under its 50 period moving average (60787).
