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Bitcoin Intraday: rebound in sight

Jul 16, 2025 5:15 AM
long positions above 115800 with targets at 119200 & 120500 in extension.
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Pivot: 115800
Our preference:
long positions above 115800 with targets at 119200 & 120500 in extension.
Alternative scenario:
below 115800 look for further downside with 113500 & 111900 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
121600
120500
119200
117915 Last
115800
113500
111900
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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