HomeContributorsTechnical AnalysisBitcoin/Dollar Rebound Towards 6727

Bitcoin/Dollar Rebound Towards 6727

Our pivot (invalidation) point stands at 6204.

Our preference rebound towards 6727.

Alternative scenario The downside breakout of 6204 would call for 6006 and 5888.

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 below its 20 and 50 MAs (respectively at 6368 and 6450).

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