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Bitcoin Intraday: as long as 99700 is support look for 103720

Feb 4, 2025 3:05 AM
as long as 99700 is support look for 103720.
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Our pivot point is at 99700.
Our preference:
as long as 99700 is support look for 103720.
Alternative scenario:
the downside breakout of 99700 would call for 98180 and 97280.
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 trading under its 20 period moving average (101155) but above its 50 period moving average (97721).
Supports and resistances:
105530 **
104620 *
103720 **
102810
100967 last
100300
99700 **
98180 *
97280 **
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