Bitcoin Intraday: rebound towards 111040
Jun 12, 2025 2:05 AM
rebound towards 111040.
107470 is our pivot point.
Our preference:
rebound towards 111040.
Alternative scenario:
the downside breakout of 107470 would call for 106130 and 105340.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108779 and 109273).
Supports and resistances:
112630 **
111830 *
111040 **
110240
108656 last
107990
107470 **
106130 *
105340 **
Our preference:
rebound towards 111040.
Alternative scenario:
the downside breakout of 107470 would call for 106130 and 105340.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108779 and 109273).
Supports and resistances:
112630 **
111830 *
111040 **
110240
108656 last
107990
107470 **
106130 *
105340 **
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