Bitcoin Intraday: rebound
Jun 14, 2024 7:14 AM
rebound.

Our pivot point is at 65960.
Our preference: rebound.
Alternative scenario: the downside breakout of 65960 would call for 64830 and 64170.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (66798) but under its 50 period moving average (67081).
Supports and resistances:
70310 **
69640 *
68970 **
68300
66956 last
66400
65960 **
64830 *
64170 **
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