Bitcoin Intraday: rebound
Jun 6, 2025 4:05 AM
rebound.
Our pivot point is at 101250.
Our preference:
rebound.
Alternative scenario:
below 101250, expect 99660 and 98710.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (101835) but under its 50 period moving average (103515).
Supports and resistances:
107290 **
106340 *
105390 **
104440
102522 last
101870
101250 **
99660 *
98710 **
Our preference:
rebound.
Alternative scenario:
below 101250, expect 99660 and 98710.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (101835) but under its 50 period moving average (103515).
Supports and resistances:
107290 **
106340 *
105390 **
104440
102522 last
101870
101250 **
99660 *
98710 **
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