Bitcoin Intraday: the downside prevails as long as 108560 is resistance
Jun 29, 2025 7:50 PM
the downside prevails as long as 108560 is resistance.
Our pivot point is at 108560.
Our preference:
the downside prevails as long as 108560 is resistance.
Alternative scenario:
the upside breakout of 108560, would call for 109830 and 110580.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 107897 and 107584).
Supports and resistances:
110580 **
109830 *
108560 **
108060
107392 last
105890
105130 **
104380 *
103630 **
Our preference:
the downside prevails as long as 108560 is resistance.
Alternative scenario:
the upside breakout of 108560, would call for 109830 and 110580.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 107897 and 107584).
Supports and resistances:
110580 **
109830 *
108560 **
108060
107392 last
105890
105130 **
104380 *
103630 **
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