Bitcoin Intraday: under pressure below 95960
May 6, 2025 2:05 AM
under pressure below 95960.
Our pivot point is at 95960.
Our preference:
under pressure below 95960.
Alternative scenario:
above 95960, look for 98010 and 99230.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94566 and 94394).
Supports and resistances:
99230 **
98010 *
95960 **
95160
94341 last
91900
90680 **
89460 *
88240 **
Our preference:
under pressure below 95960.
Alternative scenario:
above 95960, look for 98010 and 99230.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94566 and 94394).
Supports and resistances:
99230 **
98010 *
95960 **
95160
94341 last
91900
90680 **
89460 *
88240 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
Bitcoin
87423.57
-132.1999999999971
-15.10%
