Bitcoin Intraday: rebound towards 108730
May 30, 2025 2:05 AM
rebound towards 108730.
Our pivot point stands at 104350.
Our preference:
rebound towards 108730.
Alternative scenario:
below 104350, expect 102670 and 101670.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 106017 and 107241).
Supports and resistances:
110720 **
109720 *
108730 **
107730
105731 last
105000
104350 **
102670 *
101670 **
Our preference:
rebound towards 108730.
Alternative scenario:
below 104350, expect 102670 and 101670.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 106017 and 107241).
Supports and resistances:
110720 **
109720 *
108730 **
107730
105731 last
105000
104350 **
102670 *
101670 **
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.
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Bitcoin
88994
1131.3099999999977
+128.80%
