Bitcoin Intraday: rebound
May 13, 2025 6:50 AM
rebound.
Our pivot point stands at 100910.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 100910 would call for 99080 and 98000.
Comment:
the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (102435) but below its 50 period moving average (103053).
Supports and resistances:
108030 **
106940 *
105850 **
104760
102564 last
101620
100910 **
99080 *
98000 **
Our preference:
rebound.
Alternative scenario:
the downside breakout of 100910 would call for 99080 and 98000.
Comment:
the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (102435) but below its 50 period moving average (103053).
Supports and resistances:
108030 **
106940 *
105850 **
104760
102564 last
101620
100910 **
99080 *
98000 **
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