Bitcoin / Dollar intraday: rebound towards 111000
Our pivot point stands at 108150.
Our preference:
Rebound towards 111000.
Alternative scenario:
Below 108150, expect 107060 and 106410.
Comment:
The RSI is below 50. 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 109885 and 111173).
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