Bitcoin / Dollar intraday: rebound
Our pivot point is at 76300.
Our preference:
Rebound.
Alternative scenario:
The downside breakout of 76300 would call for 75040 and 74280.
Comment:
The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (76943) but below its 50 period moving average (77719).
