Bitcoin Intraday: rebound towards 94730
Feb 25, 2025 3:05 AM
rebound towards 94730.
Our pivot point stands at 91320.
Our preference:
rebound towards 94730.
Alternative scenario:
the downside breakout of 91320 would call for 90050 and 89290.
Comment:
the RSI is below 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 93064 and 94491).
Supports and resistances:
96240 **
95490 *
94730 **
93970
92452 last
91820
91320 **
90050 *
89290 **
Our preference:
rebound towards 94730.
Alternative scenario:
the downside breakout of 91320 would call for 90050 and 89290.
Comment:
the RSI is below 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 93064 and 94491).
Supports and resistances:
96240 **
95490 *
94730 **
93970
92452 last
91820
91320 **
90050 *
89290 **
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