Bitcoin / Dollar intraday: rebound towards 53440
Our pivot point stands at 51170.
Our preference: rebound towards 53440.
Alternative scenario: the downside breakout of 51170 would call for 50340 and 49850.
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 (51785) but below its 50 period moving average (51999).
Supports and resistances:
54420 **
53930 *
53440 **
52940
51818 last
51490
51170 **
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