Bitcoin Intraday: rebound towards 98110
Feb 23, 2025 8:50 PM
rebound towards 98110.
Our pivot point is at 94660.
Our preference:
rebound towards 98110.
Alternative scenario:
below 94660, expect 93350 and 92560.
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 95745 and 96169).
Supports and resistances:
99680 **
98890 *
98110 **
97320
95744 last
95180
94660 **
93350 *
92560 **
Our preference:
rebound towards 98110.
Alternative scenario:
below 94660, expect 93350 and 92560.
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 95745 and 96169).
Supports and resistances:
99680 **
98890 *
98110 **
97320
95744 last
95180
94660 **
93350 *
92560 **
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