Bitcoin Intraday: the bias remains bullish
May 27, 2025 11:46 AM
long positions above 107935 with targets at 110800 & 111940 in extension.
Pivot: 107935
Our preference:
long positions above 107935 with targets at 110800 & 111940 in extension.
Alternative scenario:
below 107935 look for further downside with 107020 & 106120 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
112300
111940
110800
109718 Last
107935
107020
106120
Our preference:
long positions above 107935 with targets at 110800 & 111940 in extension.
Alternative scenario:
below 107935 look for further downside with 107020 & 106120 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
112300
111940
110800
109718 Last
107935
107020
106120
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