Bitcoin Intraday: rebound
May 17, 2026 5:44 AM
rebound.

Our pivot point stands at 77340.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 77340 would call for 76340 and 75740.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (78077) but under its 50 period moving average (78164).
Supports and resistances:
80560 *
79960 **
79370
78159 last
77340 **
76340 *
75740 **
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