Bitcoin Intraday: as long as 101470 is support look for 106180
May 9, 2025 1:02 PM
as long as 101470 is support look for 106180.
Our pivot point is at 101470.
Our preference:
as long as 101470 is support look for 106180.
Alternative scenario:
below 101470, expect 99630 and 98540.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (103024) but above its 50 period moving average (102200).
Supports and resistances:
108360 **
107270 *
106180 **
105090
102907 last
102190
101470 **
99630 *
98540 **
Our preference:
as long as 101470 is support look for 106180.
Alternative scenario:
below 101470, expect 99630 and 98540.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (103024) but above its 50 period moving average (102200).
Supports and resistances:
108360 **
107270 *
106180 **
105090
102907 last
102190
101470 **
99630 *
98540 **
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