Bitcoin Intraday: rebound towards 105720
May 13, 2025 2:05 AM
rebound towards 105720.
Our pivot point stands at 100980.
Our preference:
rebound towards 105720.
Alternative scenario:
below 100980, expect 99150 and 98060.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 102431 and 103361).
Supports and resistances:
107890 **
106810 *
105720 **
104630
102424 last
101690
100980 **
99150 *
98060 **
Our preference:
rebound towards 105720.
Alternative scenario:
below 100980, expect 99150 and 98060.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 102431 and 103361).
Supports and resistances:
107890 **
106810 *
105720 **
104630
102424 last
101690
100980 **
99150 *
98060 **
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