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Bitcoin Intraday: rebound

Apr 28, 2025 4:06 AM
rebound.
image
Our pivot point is at 92300.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 92300 would call for 90260 and 89040.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (93894) but under its 50 period moving average (93982).
Supports and resistances:
100030 **
98820 *
97600 **
96380
93953 last
93100
92300 **
90260 *
89040 **
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Bitcoin
96499.35
1973.36
+2.09%