Bitcoin Intraday: the upside prevails as long as 107130 is support
May 29, 2025 1:02 PM
the upside prevails as long as 107130 is support.

Our pivot point is at 107130.
Our preference:
the upside prevails as long as 107130 is support.
Alternative scenario:
the downside breakout of 107130 would call for 105410 and 104380.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 108255 and 107955).
Supports and resistances:
113600 **
112580 *
111550 **
110530
108480 last
107800
107130 **
105410 *
104380 **
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