Bitcoin Intraday: rebound
Jun 29, 2024 7:53 AM
rebound.

Our pivot point stands at 59940.
Our preference: rebound.
Alternative scenario: below 59940, expect 58990 and 58420.
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 stands above its 20 period moving average (60551) but below its 50 period moving average (60858).
Supports and resistances:
63600 **
63030 *
62460 **
61890
60739 last
60320
59940 **
58990 *
58420 **
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