Bitcoin Intraday: as long as 108630 is support look for 111920
Jul 4, 2025 12:05 AM
as long as 108630 is support look for 111920.
Our pivot point stands at 108630.
Our preference:
as long as 108630 is support look for 111920.
Alternative scenario:
the downside breakout of 108630 would call for 107350 and 106590.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (109660) but above its 50 period moving average (109466).
Supports and resistances:
113450 **
112680 *
111920 **
111160
109642 last
109130
108630 **
107350 *
106590 **
Our preference:
as long as 108630 is support look for 111920.
Alternative scenario:
the downside breakout of 108630 would call for 107350 and 106590.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (109660) but above its 50 period moving average (109466).
Supports and resistances:
113450 **
112680 *
111920 **
111160
109642 last
109130
108630 **
107350 *
106590 **
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