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Bitcoin / Dollar intraday: rebound towards 43720
2023-12-29
606
42110 is our pivot point.
Our preference: rebound towards 43720.
Alternative scenario: the downside breakout of 42110 would call for 41480 and 41110.
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 (42549) but below its 50 period moving average (42807).
Supports and resistances:
44470 **
44100 *
43720 **
43350
42602 last
42360
42110 **
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