Bitcoin/Dollar levels: Rebound towards 6727

Bitcoin/Dollar

Rebound towards 6727

 


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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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