Bitcoin Intraday: rebound
Oct 9, 2024 4:05 AM
rebound.

61580 is our pivot point.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 61580 would call for 60640 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 trigger further gains. Moreover, the price is trading above its 20 period moving average (62232) but under its 50 period moving average (62362).
Supports and resistances:
65130 **
64570 *
64010 **
63450
62315 last
61950
61580 **
60640 *
60080 **
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