Bitcoin Intraday: rebound towards 99950
Jan 8, 2025 3:05 AM
rebound towards 99950.
Our pivot point stands at 95270.
Our preference:
rebound towards 99950.
Alternative scenario:
below 95270, expect 93570 and 92560.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 96841 and 99229).
Supports and resistances:
101970 **
100960 *
99950 **
98940
96681 last
95930
95270 **
93570 *
92560 **
Our preference:
rebound towards 99950.
Alternative scenario:
below 95270, expect 93570 and 92560.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 96841 and 99229).
Supports and resistances:
101970 **
100960 *
99950 **
98940
96681 last
95930
95270 **
93570 *
92560 **
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