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Bitcoin Intraday: as long as 101340 is support look for 105320

Jan 28, 2025 2:02 PM
as long as 101340 is support look for 105320.
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Our pivot point stands at 101340.
Our preference:
as long as 101340 is support look for 105320.
Alternative scenario:
the downside breakout of 101340 would call for 99790 and 98870.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (102779) but above its 50 period moving average (101777).
Supports and resistances:
107160 **
106240 *
105320 **
104400
102557 last
101950
101340 **
99790 *
98870 **
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