Bitcoin Intraday: rebound towards 106100
May 13, 2025 12:05 AM
rebound towards 106100.
101230 is our pivot point.
Our preference:
rebound towards 106100.
Alternative scenario:
the downside breakout of 101230 would call for 99400 and 98320.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (102526) but under its 50 period moving average (103522).
Supports and resistances:
108280 **
107190 *
106100 **
105010
102676 last
101950
101230 **
99400 *
98320 **
Our preference:
rebound towards 106100.
Alternative scenario:
the downside breakout of 101230 would call for 99400 and 98320.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (102526) but under its 50 period moving average (103522).
Supports and resistances:
108280 **
107190 *
106100 **
105010
102676 last
101950
101230 **
99400 *
98320 **
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