Bitcoin Intraday: rebound towards 69840

May 30, 2024 12:47 AM

rebound towards 69840.

Our pivot point stands at 66570.

Our preference: rebound towards 69840.

Alternative scenario: below 66570, expect 65300 and 64540.

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 (67481) but under its 50 period moving average (67909).

Supports and resistances:
71350 **
70600 *
69840 **
69090
67564 last
67070
66570 **
65300 *
64540 **

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