Bitcoin Intraday: as long as 108690 is support look for 112160
Jun 11, 2025 4:05 AM
as long as 108690 is support look for 112160.
Our pivot point is at 108690.
Our preference:
as long as 108690 is support look for 112160.
Alternative scenario:
the downside breakout of 108690 would call for 107340 and 106540.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (109775) but above its 50 period moving average (109481).
Supports and resistances:
113760 **
112960 *
112160 **
111350
109750 last
109220
108690 **
107340 *
106540 **
Our preference:
as long as 108690 is support look for 112160.
Alternative scenario:
the downside breakout of 108690 would call for 107340 and 106540.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (109775) but above its 50 period moving average (109481).
Supports and resistances:
113760 **
112960 *
112160 **
111350
109750 last
109220
108690 **
107340 *
106540 **
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