Bitcoin Intraday: rebound towards 107950
Jul 2, 2025 2:05 AM
rebound towards 107950.
104760 is our pivot point.
Our preference:
rebound towards 107950.
Alternative scenario:
the downside breakout of 104760 would call for 103530 and 102800.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 105791 and 106356).
Supports and resistances:
109420 **
108680 *
107950 **
107210
105747 last
105250
104760 **
103530 *
102800 **
Our preference:
rebound towards 107950.
Alternative scenario:
the downside breakout of 104760 would call for 103530 and 102800.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 105791 and 106356).
Supports and resistances:
109420 **
108680 *
107950 **
107210
105747 last
105250
104760 **
103530 *
102800 **
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.
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