Bitcoin Intraday: rebound towards 107450
Jun 2, 2025 7:52 PM
rebound towards 107450.
Our pivot point is at 102860.
Our preference:
rebound towards 107450.
Alternative scenario:
below 102860, expect 101210 and 100220.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 104310 and 104862).
Supports and resistances:
109420 **
108440 *
107450 **
106460
104194 last
103510
102860 **
101210 *
100220 **
Our preference:
rebound towards 107450.
Alternative scenario:
below 102860, expect 101210 and 100220.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 104310 and 104862).
Supports and resistances:
109420 **
108440 *
107450 **
106460
104194 last
103510
102860 **
101210 *
100220 **
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