Bitcoin Intraday: rebound
Jun 27, 2024 5:26 AM
rebound.

Our pivot point is at 60350.
Our preference: rebound.
Alternative scenario: below 60350, expect 59390 and 58820.
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 trigger further gains. Moreover, the price is trading above its 20 period moving average (60945) but under its 50 period moving average (61253).
Supports and resistances:
63970 **
63400 *
62830 **
62260
61106 last
60730
60350 **
59390 *
58820 **
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