Bitcoin / Dollar intraday: rebound towards 120310
Our pivot point is at 117540.
Our preference:
Rebound towards 120310.
Alternative scenario:
Below 117540, expect 116470 and 115830.
Comment:
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (118180) but below its 50 period moving average (120440).