Bitcoin / Dollar intraday: rebound
Our pivot point is at 88490.
Our preference:
Rebound.
Alternative scenario:
Below 88490, expect 87430 and 86800.
Comment:
The RSI is above 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 (89252) but under its 50 period moving average (89632).
