Bitcoin Intraday: the upside prevails as long as 95530 is support
May 2, 2025 1:02 PM
the upside prevails as long as 95530 is support.
95530 is our pivot point.
Our preference:
the upside prevails as long as 95530 is support.
Alternative scenario:
below 95530, expect 93420 and 92160.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96855 and 96789).
Supports and resistances:
103480 **
102230 *
100970 **
99710
97196 last
96360
95530 **
93420 *
92160 **
Our preference:
the upside prevails as long as 95530 is support.
Alternative scenario:
below 95530, expect 93420 and 92160.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96855 and 96789).
Supports and resistances:
103480 **
102230 *
100970 **
99710
97196 last
96360
95530 **
93420 *
92160 **
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