Bitcoin Intraday: rebound
May 15, 2025 1:01 PM
rebound.
Our pivot point is at 101120.
Our preference:
rebound.
Alternative scenario:
below 101120, expect 99290 and 98210.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (102326) but below its 50 period moving average (103001).
Supports and resistances:
108000 **
106910 *
105820 **
104730
102558 last
101840
101120 **
99290 *
98210 **
Our preference:
rebound.
Alternative scenario:
below 101120, expect 99290 and 98210.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (102326) but below its 50 period moving average (103001).
Supports and resistances:
108000 **
106910 *
105820 **
104730
102558 last
101840
101120 **
99290 *
98210 **
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