Bitcoin Intraday: as long as 104110 is support look for 108450
Jun 2, 2025 2:05 AM
as long as 104110 is support look for 108450.
Our pivot point stands at 104110.
Our preference:
as long as 104110 is support look for 108450.
Alternative scenario:
below 104110, expect 102440 and 101450.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 105314 and 104743).
Supports and resistances:
110440 **
109450 *
108450 **
107460
105426 last
104770
104110 **
102440 *
101450 **
Our preference:
as long as 104110 is support look for 108450.
Alternative scenario:
below 104110, expect 102440 and 101450.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 105314 and 104743).
Supports and resistances:
110440 **
109450 *
108450 **
107460
105426 last
104770
104110 **
102440 *
101450 **
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