Bitcoin Intraday: the downside prevails as long as 106760 is resistance
Jul 1, 2025 7:51 PM
the downside prevails as long as 106760 is resistance.
Our pivot point is at 106760.
Our preference:
the downside prevails as long as 106760 is resistance.
Alternative scenario:
above 106760, look for 107990 and 108730.
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 106245 and 106789).
Supports and resistances:
108730 **
107990 *
106760 **
106280
105560 last
103940
103210 **
102480 *
101750 **
Our preference:
the downside prevails as long as 106760 is resistance.
Alternative scenario:
above 106760, look for 107990 and 108730.
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 106245 and 106789).
Supports and resistances:
108730 **
107990 *
106760 **
106280
105560 last
103940
103210 **
102480 *
101750 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
Bitcoin
87752.16
225.9600000000064
+25.80%
