Bitcoin Intraday: above its upper Bollinger band
Jun 5, 2025 1:02 PM
the upside prevails as long as 104430 is support.

Our pivot point stands at 104430.
Our preference:
the upside prevails as long as 104430 is support.
Alternative scenario:
below 104430, expect 102780 and 101810.
Comment:
the RSI is above its neutrality area at 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 104934 and 104971). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (105664).
Supports and resistances:
110620 **
109640 *
108670 **
107690
105734 last
105070
104430 **
102780 *
101810 **
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