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Bitcoin Intraday: rebound towards 106930

Jun 18, 2025 12:05 AM
rebound towards 106930.
image
Our pivot point stands at 103560.
Our preference:
rebound towards 106930.
Alternative scenario:
the downside breakout of 103560 would call for 102260 and 101490.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (104390) but under its 50 period moving average (105715).
Supports and resistances:
108470 **
107700 *
106930 **
106160
104586 last
104070
103560 **
102260 *
101490 **
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