Bitcoin Intraday: rebound towards 97700
Jan 9, 2025 3:05 AM
rebound towards 97700.
Our pivot point stands at 93240.
Our preference:
rebound towards 97700.
Alternative scenario:
below 93240, expect 91580 and 90600.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94631 and 95215).
Supports and resistances:
99680 **
98690 *
97700 **
96710
94548 last
93900
93240 **
91580 *
90600 **
Our preference:
rebound towards 97700.
Alternative scenario:
below 93240, expect 91580 and 90600.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94631 and 95215).
Supports and resistances:
99680 **
98690 *
97700 **
96710
94548 last
93900
93240 **
91580 *
90600 **
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