Bitcoin Intraday: as long as 108610 is support look for 112070
Jun 10, 2025 1:02 PM
as long as 108610 is support look for 112070.
108610 is our pivot point.
Our preference:
as long as 108610 is support look for 112070.
Alternative scenario:
the downside breakout of 108610 would call for 107260 and 106460.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 109461 and 109143).
Supports and resistances:
113670 **
112870 *
112070 **
111270
109664 last
109140
108610 **
107260 *
106460 **
Our preference:
as long as 108610 is support look for 112070.
Alternative scenario:
the downside breakout of 108610 would call for 107260 and 106460.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 109461 and 109143).
Supports and resistances:
113670 **
112870 *
112070 **
111270
109664 last
109140
108610 **
107260 *
106460 **
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