Bitcoin Intraday: rebound
May 15, 2024 2:09 AM
rebound.

Our pivot point is at 60610.
Our preference: rebound.
Alternative scenario: below 60610, expect 59280 and 58490.
Comment: the RSI is above its neutrality area at 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 (61526) but under its 50 period moving average (61817).
Supports and resistances:
65630 **
64840 *
64050 **
63260
61678 last
61130
60610 **
59280 *
58490 **
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