Bitcoin Intraday: rebound towards 101210
Feb 5, 2025 1:05 AM
rebound towards 101210.
Our pivot point stands at 97100.
Our preference:
rebound towards 101210.
Alternative scenario:
below 97100, expect 95570 and 94660.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 98528 and 99178).
Supports and resistances:
103040 **
102130 *
101210 **
100300
98471 last
97700
97100 **
95570 *
94660 **
Our preference:
rebound towards 101210.
Alternative scenario:
below 97100, expect 95570 and 94660.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 98528 and 99178).
Supports and resistances:
103040 **
102130 *
101210 **
100300
98471 last
97700
97100 **
95570 *
94660 **
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