Market Analysis of Bitcoin on Wednesday 17 June 2026

2026-06-17 04:49Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 67160
 
Our pivot point stands at 65010.
 
Our preference:
Rebound towards 67160.
 
Alternative scenario:
The downside breakout of 65010 would call for 64170 and 63680.
 
Comment:
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65710 and 66034).

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