HomeContributorsTechnical AnalysisBitcoin/Dollar Rebound Towards 6945

Bitcoin/Dollar Rebound Towards 6945

Our pivot (invalidation) point stands at 6360.

Our preference rebound towards 6945.

Alternative scenario The downside breakout of 6360 would call for 6134 and 6000.

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 pair stands above its 20 MA (6521) but below its 50 MA (6574).

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