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Bitcoin / Dollar intraday: rebound towards 52730

2024-02-23
297

Our pivot point is at 50380.

Our preference: rebound towards 52730.

Alternative scenario: the downside breakout of 50380 would call for 49570 and 49090.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 51086 and 51288).

Supports and resistances:

53700 **

53210 *

52730 **

52240

51021 last

50700

50380 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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