Bitcoin Intraday: the upside prevails as long as 101960 is support
May 18, 2025 6:50 AM
the upside prevails as long as 101960 is support.

Our pivot point is at 101960.
Our preference:
the upside prevails as long as 101960 is support.
Alternative scenario:
the downside breakout of 101960 would call for 100120 and 99020.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 103295 and 103192).
Supports and resistances:
109060 **
107960 *
106860 **
105760
103444 last
102690
101960 **
100120 *
99020 **
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