Bitcoin Intraday: rebound towards 97860
May 1, 2025 12:06 AM
rebound towards 97860.
Our pivot point is at 92540.
Our preference:
rebound towards 97860.
Alternative scenario:
below 92540, expect 90490 and 89270.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (94171) but below its 50 period moving average (94489).
Supports and resistances:
100300 **
99080 *
97860 **
96640
94194 last
93340
92540 **
90490 *
89270 **
Our preference:
rebound towards 97860.
Alternative scenario:
below 92540, expect 90490 and 89270.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (94171) but below its 50 period moving average (94489).
Supports and resistances:
100300 **
99080 *
97860 **
96640
94194 last
93340
92540 **
90490 *
89270 **
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