Bitcoin Intraday: the downside prevails as long as 108050 is resistance
Jun 12, 2025 1:02 PM
the downside prevails as long as 108050 is resistance.

Our pivot point is at 108050.
Our preference:
the downside prevails as long as 108050 is resistance.
Alternative scenario:
above 108050, look for 109360 and 110150.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 107515 and 108413).
Supports and resistances:
110150 **
109360 *
108050 **
107530
107018 last
105440
104660 **
103880 *
103100 **
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