Bitcoin Intraday: technical rebound towards 96070 before a new drop
Nov 17, 2025 5:04 AM
technical rebound towards 96070 before a new drop.
Our pivot point stands at 96070.
Our preference:
technical rebound towards 96070 before a new drop.
Alternative scenario:
the upside breakout of 96070, would call for 97370 and 98140.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (94586) but below its 50 period moving average (95074).
Supports and resistances:
98140 **
97370 *
96070 **
95550
95034 last
93480
92710 **
91930 *
91160 **
Our preference:
technical rebound towards 96070 before a new drop.
Alternative scenario:
the upside breakout of 96070, would call for 97370 and 98140.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (94586) but below its 50 period moving average (95074).
Supports and resistances:
98140 **
97370 *
96070 **
95550
95034 last
93480
92710 **
91930 *
91160 **
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