Bitcoin Intraday: as long as 108220 is support look for 112610
Jun 10, 2025 4:05 AM
as long as 108220 is support look for 112610.
Our pivot point is at 108220.
Our preference:
as long as 108220 is support look for 112610.
Alternative scenario:
the downside breakout of 108220 would call for 106510 and 105500.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (109627) but above its 50 period moving average (107984).
Supports and resistances:
114640 **
113620 *
112610 **
111600
109573 last
108880
108220 **
106510 *
105500 **
Our preference:
as long as 108220 is support look for 112610.
Alternative scenario:
the downside breakout of 108220 would call for 106510 and 105500.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (109627) but above its 50 period moving average (107984).
Supports and resistances:
114640 **
113620 *
112610 **
111600
109573 last
108880
108220 **
106510 *
105500 **
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