Bitcoin Intraday: rebound towards 79960
Apr 7, 2025 1:02 PM
rebound towards 79960.
Our pivot point stands at 76080.
Our preference:
rebound towards 79960.
Alternative scenario:
below 76080, expect 74590 and 73710.
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 above its 20 period moving average (76557) but under its 50 period moving average (78632).
Supports and resistances:
81730 **
80840 *
79960 **
79070
77256 last
76670
76080 **
74590 *
73710 **
Our preference:
rebound towards 79960.
Alternative scenario:
below 76080, expect 74590 and 73710.
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 above its 20 period moving average (76557) but under its 50 period moving average (78632).
Supports and resistances:
81730 **
80840 *
79960 **
79070
77256 last
76670
76080 **
74590 *
73710 **
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