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Bitcoin Intraday: rebound towards 77090
May 23, 2026 5:44 AM
rebound towards 77090.
Our pivot point stands at 74650.
Our preference:
rebound towards 77090.
Alternative scenario:
the downside breakout of 74650 would call for 73710 and 73150.
Comment:
the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 75561 and 76445).
Supports and resistances:
77650 *
77090 **
76530
75414 last
74650 **
73710 *
73150 **
Our preference:
rebound towards 77090.
Alternative scenario:
the downside breakout of 74650 would call for 73710 and 73150.
Comment:
the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 75561 and 76445).
Supports and resistances:
77650 *
77090 **
76530
75414 last
74650 **
73710 *
73150 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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