Bitcoin Intraday: rebound towards 104720
Jun 6, 2025 2:05 AM
rebound towards 104720.
Our pivot point stands at 100630.
Our preference:
rebound towards 104720.
Alternative scenario:
below 100630, expect 99050 and 98100.
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 102030 and 103723).
Supports and resistances:
106600 **
105660 *
104720 **
103780
101885 last
101250
100630 **
99050 *
98100 **
Our preference:
rebound towards 104720.
Alternative scenario:
below 100630, expect 99050 and 98100.
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 102030 and 103723).
Supports and resistances:
106600 **
105660 *
104720 **
103780
101885 last
101250
100630 **
99050 *
98100 **
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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