Bitcoin Intraday: rebound towards 96710
Jan 1, 2025 7:50 AM
rebound towards 96710.
92130 is our pivot point.
Our preference:
rebound towards 96710.
Alternative scenario:
the downside breakout of 92130 would call for 90370 and 89330.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93565 and 93950).
Supports and resistances:
98790 **
97750 *
96710 **
95660
93520 last
92810
92130 **
90370 *
89330 **
Our preference:
rebound towards 96710.
Alternative scenario:
the downside breakout of 92130 would call for 90370 and 89330.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93565 and 93950).
Supports and resistances:
98790 **
97750 *
96710 **
95660
93520 last
92810
92130 **
90370 *
89330 **
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