Bitcoin Intraday: the downside prevails as long as 108670 is resistance
Jun 30, 2025 8:41 AM
the downside prevails as long as 108670 is resistance.
Our pivot point stands at 108670.
Our preference:
the downside prevails as long as 108670 is resistance.
Alternative scenario:
above 108670, look for 109940 and 110700.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 108294 and 108017).
Supports and resistances:
110700 **
109940 *
108670 **
108180
107589 last
106080
105330 **
104570 *
103820 **
Our preference:
the downside prevails as long as 108670 is resistance.
Alternative scenario:
above 108670, look for 109940 and 110700.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 108294 and 108017).
Supports and resistances:
110700 **
109940 *
108670 **
108180
107589 last
106080
105330 **
104570 *
103820 **
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