Bitcoin Short Term: as long as 101790 is support look for 127050
Jun 10, 2025 10:08 AM
as long as 101790 is support look for 127050.
Our pivot point stands at 101790.
Our preference:
as long as 101790 is support look for 127050.
Alternative scenario:
the downside breakout of 101790 would call for 92510 and 86990.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 106775 and 102406).
Supports and resistances:
138220 **
132640 *
127050 **
121470
109524 last
105430
101790 **
92510 *
86990 **
Our preference:
as long as 101790 is support look for 127050.
Alternative scenario:
the downside breakout of 101790 would call for 92510 and 86990.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 106775 and 102406).
Supports and resistances:
138220 **
132640 *
127050 **
121470
109524 last
105430
101790 **
92510 *
86990 **
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