Bitcoin Short Term: as long as 98310 is support look for 131460
May 27, 2025 10:04 AM
as long as 98310 is support look for 131460.
Our pivot point stands at 98310.
Our preference:
as long as 98310 is support look for 131460.
Alternative scenario:
below 98310, expect 86490 and 79450.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 106005 and 96204).
Supports and resistances:
145840 **
138650 *
131460 **
124280
109900 last
102960
98310 **
86490 *
79450 **
Our preference:
as long as 98310 is support look for 131460.
Alternative scenario:
below 98310, expect 86490 and 79450.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 106005 and 96204).
Supports and resistances:
145840 **
138650 *
131460 **
124280
109900 last
102960
98310 **
86490 *
79450 **
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