Bitcoin Intraday: rebound
Jun 6, 2025 6:50 AM
rebound.
Our pivot point stands at 101770.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 101770 would call for 100170 and 99210.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (102119) but below its 50 period moving average (103309).
Supports and resistances:
108010 **
107060 *
106110 **
105150
103132 last
102400
101770 **
100170 *
99210 **
Our preference:
rebound.
Alternative scenario:
the downside breakout of 101770 would call for 100170 and 99210.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (102119) but below its 50 period moving average (103309).
Supports and resistances:
108010 **
107060 *
106110 **
105150
103132 last
102400
101770 **
100170 *
99210 **
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
89119.74
1257.050000000003
+143.10%
