Bitcoin Intraday: our next up target stands at 98850
Apr 30, 2025 4:05 AM
our next up target stands at 98850.
93430 is our pivot point.
Our preference:
our next up target stands at 98850.
Alternative scenario:
the downside breakout of 93430 would call for 91360 and 90130.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 94700 and 94826).
Supports and resistances:
101310 **
100080 *
98850 **
97620
95068 last
94240
93430 **
91360 *
90130 **
Our preference:
our next up target stands at 98850.
Alternative scenario:
the downside breakout of 93430 would call for 91360 and 90130.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 94700 and 94826).
Supports and resistances:
101310 **
100080 *
98850 **
97620
95068 last
94240
93430 **
91360 *
90130 **
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