Bitcoin Intraday: eye 102720
Jun 4, 2025 2:04 AM
eye 102720.
Our pivot point stands at 106990.
Our preference:
eye 102720.
Alternative scenario:
the upside breakout of 106990, would call for 108630 and 109600.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under its 20 period moving average (105811) but above its 50 period moving average (105692).
Supports and resistances:
109600 **
108630 *
106990 **
106340
105696 last
103700
102720 **
101740 *
100770 **
Our preference:
eye 102720.
Alternative scenario:
the upside breakout of 106990, would call for 108630 and 109600.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under its 20 period moving average (105811) but above its 50 period moving average (105692).
Supports and resistances:
109600 **
108630 *
106990 **
106340
105696 last
103700
102720 **
101740 *
100770 **
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