Bitcoin Intraday: rebound
Jul 22, 2025 2:02 AM
rebound.
Our pivot point stands at 116830.
Our preference:
rebound.
Alternative scenario:
below 116830, expect 115590 and 114840.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (117440) but below its 50 period moving average (118134).
Supports and resistances:
121550 **
120800 *
120060 **
119320
117834 last
117320
116830 **
115590 *
114840 **
Our preference:
rebound.
Alternative scenario:
below 116830, expect 115590 and 114840.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (117440) but below its 50 period moving average (118134).
Supports and resistances:
121550 **
120800 *
120060 **
119320
117834 last
117320
116830 **
115590 *
114840 **
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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