Bitcoin Intraday: the downside prevails as long as 96160 is resistance
Apr 30, 2025 2:05 AM
the downside prevails as long as 96160 is resistance.
Our pivot point is at 96160.
Our preference:
the downside prevails as long as 96160 is resistance.
Alternative scenario:
above 96160, look for 98210 and 99440.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94768 and 94818).
Supports and resistances:
99440 **
98210 *
96160 **
95350
94483 last
92040
90810 **
89590 *
88370 **
Our preference:
the downside prevails as long as 96160 is resistance.
Alternative scenario:
above 96160, look for 98210 and 99440.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94768 and 94818).
Supports and resistances:
99440 **
98210 *
96160 **
95350
94483 last
92040
90810 **
89590 *
88370 **
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