Bitcoin Intraday: rebound towards 98320
Jan 8, 2025 2:02 PM
rebound towards 98320.
Our pivot point is at 94020.
Our preference:
rebound towards 98320.
Alternative scenario:
below 94020, expect 92340 and 91350.
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 stands below its 20 and 50 period moving average (respectively at 95676 and 96678).
Supports and resistances:
100310 **
99320 *
98320 **
97320
95331 last
94670
94020 **
92340 *
91350 **
Our preference:
rebound towards 98320.
Alternative scenario:
below 94020, expect 92340 and 91350.
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 stands below its 20 and 50 period moving average (respectively at 95676 and 96678).
Supports and resistances:
100310 **
99320 *
98320 **
97320
95331 last
94670
94020 **
92340 *
91350 **
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