Bitcoin Intraday: rebound towards 111040
Jul 4, 2025 1:03 PM
rebound towards 111040.
Our pivot point stands at 107780.
Our preference:
rebound towards 111040.
Alternative scenario:
below 107780, expect 106510 and 105750.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 108976 and 109364).
Supports and resistances:
112550 **
111800 *
111040 **
110290
108780 last
108270
107780 **
106510 *
105750 **
Our preference:
rebound towards 111040.
Alternative scenario:
below 107780, expect 106510 and 105750.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 108976 and 109364).
Supports and resistances:
112550 **
111800 *
111040 **
110290
108780 last
108270
107780 **
106510 *
105750 **
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Bitcoin
87753.41
227.2100000000064
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