Bitcoin Intraday: rebound towards 104720
Jun 6, 2025 2:05 AM
rebound towards 104720.
Our pivot point stands at 100630.
Our preference:
rebound towards 104720.
Alternative scenario:
below 100630, expect 99050 and 98100.
Comment:
the RSI is below 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 102030 and 103723).
Supports and resistances:
106600 **
105660 *
104720 **
103780
101885 last
101250
100630 **
99050 *
98100 **
Our preference:
rebound towards 104720.
Alternative scenario:
below 100630, expect 99050 and 98100.
Comment:
the RSI is below 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 102030 and 103723).
Supports and resistances:
106600 **
105660 *
104720 **
103780
101885 last
101250
100630 **
99050 *
98100 **
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