Bitcoin Intraday: as long as 95870 is support look for 99430
Feb 20, 2025 7:50 AM
as long as 95870 is support look for 99430.
95870 is our pivot point.
Our preference:
as long as 95870 is support look for 99430.
Alternative scenario:
the downside breakout of 95870 would call for 94540 and 93740.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96869 and 96398).
Supports and resistances:
101020 **
100230 *
99430 **
98640
97031 last
96400
95870 **
94540 *
93740 **
Our preference:
as long as 95870 is support look for 99430.
Alternative scenario:
the downside breakout of 95870 would call for 94540 and 93740.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96869 and 96398).
Supports and resistances:
101020 **
100230 *
99430 **
98640
97031 last
96400
95870 **
94540 *
93740 **
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