Bitcoin Intraday: the upside prevails as long as 93760 is support
May 6, 2025 7:50 PM
the upside prevails as long as 93760 is support.
Our pivot point is at 93760.
Our preference:
the upside prevails as long as 93760 is support.
Alternative scenario:
below 93760, expect 92060 and 91050.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94318 and 94401).
Supports and resistances:
100140 **
99130 *
98120 **
97110
95095 last
94420
93760 **
92060 *
91050 **
Our preference:
the upside prevails as long as 93760 is support.
Alternative scenario:
below 93760, expect 92060 and 91050.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94318 and 94401).
Supports and resistances:
100140 **
99130 *
98120 **
97110
95095 last
94420
93760 **
92060 *
91050 **
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