Bitcoin Intraday: rebound towards 97510
Feb 3, 2025 7:50 AM
rebound towards 97510.
Our pivot point stands at 92980.
Our preference:
rebound towards 97510.
Alternative scenario:
below 92980, expect 91570 and 90720.
Comment:
the RSI is below its neutrality area at 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 94983 and 97156).
Supports and resistances:
99210 **
98360 *
97510 **
96650
94943 last
93540
92980 **
91570 *
90720 **
Our preference:
rebound towards 97510.
Alternative scenario:
below 92980, expect 91570 and 90720.
Comment:
the RSI is below its neutrality area at 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 94983 and 97156).
Supports and resistances:
99210 **
98360 *
97510 **
96650
94943 last
93540
92980 **
91570 *
90720 **
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