|Bitcoin / Dollar intraday: rebound|
|Our pivot point stands at 3701.
Most likely scenario: rebound.
Alternative scenario: the downside breakout of 3701 would call for 3541 and 3446.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (3834) but below its 50 MA (3887).