Bitcoin Intraday: rebound towards 110200
Jun 12, 2025 8:41 AM
rebound towards 110200.
Our pivot point is at 106700.
Our preference:
rebound towards 110200.
Alternative scenario:
below 106700, expect 105370 and 104590.
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 108108 and 108808).
Supports and resistances:
111780 **
110990 *
110200 **
109420
107735 last
107220
106700 **
105370 *
104590 **
Our preference:
rebound towards 110200.
Alternative scenario:
below 106700, expect 105370 and 104590.
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 108108 and 108808).
Supports and resistances:
111780 **
110990 *
110200 **
109420
107735 last
107220
106700 **
105370 *
104590 **
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