Bitcoin Short Term: rebound towards 104520
Apr 1, 2025 10:05 AM
rebound towards 104520.
Our pivot point stands at 73760.
Our preference:
rebound towards 104520.
Alternative scenario:
below 73760, expect 62740 and 56190.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84447 and 88240).
Supports and resistances:
117940 **
111230 *
104520 **
97800
84302 last
78090
73760 **
62740 *
56190 **
Our preference:
rebound towards 104520.
Alternative scenario:
below 73760, expect 62740 and 56190.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84447 and 88240).
Supports and resistances:
117940 **
111230 *
104520 **
97800
84302 last
78090
73760 **
62740 *
56190 **
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