Bitcoin Intraday: rebound towards 97630
Apr 30, 2025 7:50 PM
rebound towards 97630.
Our pivot point stands at 92180.
Our preference:
rebound towards 97630.
Alternative scenario:
the downside breakout of 92180 would call for 90140 and 88930.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94259 and 94535).
Supports and resistances:
100060 **
98850 *
97630 **
96410
93981 last
92980
92180 **
90140 *
88930 **
Our preference:
rebound towards 97630.
Alternative scenario:
the downside breakout of 92180 would call for 90140 and 88930.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94259 and 94535).
Supports and resistances:
100060 **
98850 *
97630 **
96410
93981 last
92980
92180 **
90140 *
88930 **
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