Bitcoin Intraday: rebound towards 101860
Feb 4, 2025 2:02 PM
rebound towards 101860.
97880 is our pivot point.
Our preference:
rebound towards 101860.
Alternative scenario:
below 97880, expect 96340 and 95420.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (99054) but below its 50 period moving average (99703).
Supports and resistances:
103700 **
102780 *
101860 **
100940
99097 last
98490
97880 **
96340 *
95420 **
Our preference:
rebound towards 101860.
Alternative scenario:
below 97880, expect 96340 and 95420.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (99054) but below its 50 period moving average (99703).
Supports and resistances:
103700 **
102780 *
101860 **
100940
99097 last
98490
97880 **
96340 *
95420 **
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