Bitcoin Intraday: the downside prevails as long as 103180 is resistance
May 13, 2025 4:05 AM
the downside prevails as long as 103180 is resistance.

Our pivot point is at 103180.
Our preference:
the downside prevails as long as 103180 is resistance.
Alternative scenario:
the upside breakout of 103180, would call for 104990 and 106070.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 102279 and 103185).
Supports and resistances:
106070 **
104990 *
103180 **
102470
101755 last
99530
98450 **
97370 *
96300 **
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