Bitcoin Intraday: rebound towards 111070
May 25, 2025 6:50 AM
rebound towards 111070.
106610 is our pivot point.
Our preference:
rebound towards 111070.
Alternative scenario:
the downside breakout of 106610 would call for 104910 and 103890.
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 108101 and 108470).
Supports and resistances:
113090 **
112080 *
111070 **
110050
108020 last
107270
106610 **
104910 *
103890 **
Our preference:
rebound towards 111070.
Alternative scenario:
the downside breakout of 106610 would call for 104910 and 103890.
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 108101 and 108470).
Supports and resistances:
113090 **
112080 *
111070 **
110050
108020 last
107270
106610 **
104910 *
103890 **
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
87331.54
-531.1500000000087
-60.50%
