Bitcoin Short Term: rebound towards 73960
Jul 2, 2024 12:41 AM
rebound towards 73960.
Our pivot point stands at 57980.
Our preference: rebound towards 73960.
Alternative scenario: the downside breakout of 57980 would call for 51780 and 48100.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63631 and 66440).
Supports and resistances:
81340 **
77650 *
73960 **
70280
62843 last
60410
57980 **
51780 *
48100 **
Our preference: rebound towards 73960.
Alternative scenario: the downside breakout of 57980 would call for 51780 and 48100.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63631 and 66440).
Supports and resistances:
81340 **
77650 *
73960 **
70280
62843 last
60410
57980 **
51780 *
48100 **
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