Bitcoin Intraday: the upside prevails as long as 104360 is support
Jun 2, 2025 12:05 AM
the upside prevails as long as 104360 is support.
104360 is our pivot point.
Our preference:
the upside prevails as long as 104360 is support.
Alternative scenario:
below 104360, expect 102680 and 101680.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 105198 and 104668).
Supports and resistances:
110700 **
109700 *
108710 **
107710
105674 last
105020
104360 **
102680 *
101680 **
Our preference:
the upside prevails as long as 104360 is support.
Alternative scenario:
below 104360, expect 102680 and 101680.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 105198 and 104668).
Supports and resistances:
110700 **
109700 *
108710 **
107710
105674 last
105020
104360 **
102680 *
101680 **
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