Bitcoin Intraday: rebound
Sep 21, 2024 6:47 AM
rebound.

Our pivot point is at 62070.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 62070 would call for 60820 and 60080.
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 (63048) but under its 50 period moving average (63121).
Supports and resistances:
66800 **
66060 *
65320 **
64570
63062 last
62550
62070 **
60820 *
60080 **
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