Bitcoin Intraday: rebound towards 110220
Jun 12, 2025 7:50 PM
rebound towards 110220.
Our pivot point stands at 106270.
Our preference:
rebound towards 110220.
Alternative scenario:
below 106270, expect 104950 and 104170.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 107418 and 107907).
Supports and resistances:
111800 **
111010 *
110220 **
109430
107307 last
106790
106270 **
104950 *
104170 **
Our preference:
rebound towards 110220.
Alternative scenario:
below 106270, expect 104950 and 104170.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 107418 and 107907).
Supports and resistances:
111800 **
111010 *
110220 **
109430
107307 last
106790
106270 **
104950 *
104170 **
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