Bitcoin Short Term: rebound towards 79680

Our pivot point is at 55530.

Our preference: rebound towards 79680.

Alternative scenario: below 55530, expect 46150 and 40560.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (62304) but under its 50 period moving average (65295).

Supports and resistances:
90850 **
85260 *
79680 **
74090
62915 last
59220
55530 **
46150 *
40560 **