Bitcoin Intraday: the upside prevails as long as 104310 is support
Jun 2, 2025 8:41 AM
the upside prevails as long as 104310 is support.
Our pivot point is at 104310.
Our preference:
the upside prevails as long as 104310 is support.
Alternative scenario:
the downside breakout of 104310 would call for 102640 and 101640.
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 105273 and 104930).
Supports and resistances:
110910 **
109910 *
108910 **
107910
105628 last
104970
104310 **
102640 *
101640 **
Our preference:
the upside prevails as long as 104310 is support.
Alternative scenario:
the downside breakout of 104310 would call for 102640 and 101640.
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 105273 and 104930).
Supports and resistances:
110910 **
109910 *
108910 **
107910
105628 last
104970
104310 **
102640 *
101640 **
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