Bitcoin Intraday: the upside prevails as long as 104520 is support
Jun 3, 2025 12:05 AM
the upside prevails as long as 104520 is support.
Our pivot point stands at 104520.
Our preference:
the upside prevails as long as 104520 is support.
Alternative scenario:
the downside breakout of 104520 would call for 102840 and 101840.
Comment:
the RSI is above 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 104863 and 104881).
Supports and resistances:
110930 **
109930 *
108930 **
107930
105842 last
105180
104520 **
102840 *
101840 **
Our preference:
the upside prevails as long as 104520 is support.
Alternative scenario:
the downside breakout of 104520 would call for 102840 and 101840.
Comment:
the RSI is above 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 104863 and 104881).
Supports and resistances:
110930 **
109930 *
108930 **
107930
105842 last
105180
104520 **
102840 *
101840 **
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