Bitcoin Intraday: rebound towards 100850
Feb 2, 2025 8:50 PM
rebound towards 100850.
Our pivot point stands at 96580.
Our preference:
rebound towards 100850.
Alternative scenario:
below 96580, expect 95100 and 94230.
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 98363 and 99537).
Supports and resistances:
102620 **
101740 *
100850 **
99970
97766 last
97160
96580 **
95100 *
94230 **
Our preference:
rebound towards 100850.
Alternative scenario:
below 96580, expect 95100 and 94230.
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 98363 and 99537).
Supports and resistances:
102620 **
101740 *
100850 **
99970
97766 last
97160
96580 **
95100 *
94230 **
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