Bitcoin Intraday: the downside prevails as long as 95900 is resistance
Apr 30, 2025 12:05 AM
the downside prevails as long as 95900 is resistance.
Our pivot point is at 95900.
Our preference:
the downside prevails as long as 95900 is resistance.
Alternative scenario:
the upside breakout of 95900, would call for 97950 and 99180.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94847 and 94853).
Supports and resistances:
99180 **
97950 *
95900 **
95100
94208 last
91770
90550 **
89330 *
88110 **
Our preference:
the downside prevails as long as 95900 is resistance.
Alternative scenario:
the upside breakout of 95900, would call for 97950 and 99180.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94847 and 94853).
Supports and resistances:
99180 **
97950 *
95900 **
95100
94208 last
91770
90550 **
89330 *
88110 **
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