Bitcoin Intraday: rebound towards 56630
Aug 8, 2024 1:08 AM
rebound towards 56630.

54450 is our pivot point.
Our preference: rebound towards 56630.
Alternative scenario: the downside breakout of 54450 would call for 53640 and 53160.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 55402 and 56323).
Supports and resistances:
57600 **
57120 *
56630 **
56150
55181 last
54770
54450 **
53640 *
53160 **
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