Bitcoin Intraday: rebound
Jul 30, 2025 12:02 AM
rebound.
Our pivot point is at 116970.
Our preference:
rebound.
Alternative scenario:
below 116970, expect 115800 and 115090.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (117639) but under its 50 period moving average (118176).
Supports and resistances:
121430 **
120730 *
120030 **
119330
117900 last
117440
116970 **
115800 *
115090 **
Our preference:
rebound.
Alternative scenario:
below 116970, expect 115800 and 115090.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (117639) but under its 50 period moving average (118176).
Supports and resistances:
121430 **
120730 *
120030 **
119330
117900 last
117440
116970 **
115800 *
115090 **
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