Bitcoin Intraday: the upside prevails as long as 107550 is support
Jun 30, 2025 2:05 AM
the upside prevails as long as 107550 is support.
107550 is our pivot point.
Our preference:
the upside prevails as long as 107550 is support.
Alternative scenario:
the downside breakout of 107550 would call for 106270 and 105510.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107949 and 107800).
Supports and resistances:
112360 **
111600 *
110840 **
110070
108553 last
108050
107550 **
106270 *
105510 **
Our preference:
the upside prevails as long as 107550 is support.
Alternative scenario:
the downside breakout of 107550 would call for 106270 and 105510.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107949 and 107800).
Supports and resistances:
112360 **
111600 *
110840 **
110070
108553 last
108050
107550 **
106270 *
105510 **
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