Bitcoin Intraday: rebound towards 107790
Jun 5, 2025 2:05 AM
rebound towards 107790.
103500 is our pivot point.
Our preference:
rebound towards 107790.
Alternative scenario:
below 103500, expect 101870 and 100900.
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 104947 and 105227).
Supports and resistances:
109730 **
108760 *
107790 **
106820
104881 last
104130
103500 **
101870 *
100900 **
Our preference:
rebound towards 107790.
Alternative scenario:
below 103500, expect 101870 and 100900.
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 104947 and 105227).
Supports and resistances:
109730 **
108760 *
107790 **
106820
104881 last
104130
103500 **
101870 *
100900 **
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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