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Bitcoin Intraday: rebound
Jul 5, 2026 7:14 PM
rebound.
Our pivot point is at 62120.
Our preference:
rebound.
Alternative scenario:
below 62120, expect 61340 and 60880.
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 stands above its 20 period moving average (62657) but below its 50 period moving average (62819).
Supports and resistances:
64630 *
64170 **
63710
62772 last
62120 **
61340 *
60880 **
Our preference:
rebound.
Alternative scenario:
below 62120, expect 61340 and 60880.
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 stands above its 20 period moving average (62657) but below its 50 period moving average (62819).
Supports and resistances:
64630 *
64170 **
63710
62772 last
62120 **
61340 *
60880 **
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