Bitcoin / Dollar intraday: rebound towards 40520
Our pivot point stands at 38640.
Our preference: rebound towards 40520.
Alternative scenario: below 38640, expect 37970 and 37560.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (39064) but below its 50 period moving average (39474).
Supports and resistances:
41330 **
40920 *
40520 **
40120
39196 last
38900
38640 **
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