Bitcoin Intraday: technical rebound towards 109830 before a new drop
Oct 31, 2025 3:04 AM
technical rebound towards 109830 before a new drop.

Our pivot point stands at 109830.
Our preference:
technical rebound towards 109830 before a new drop.
Alternative scenario:
above 109830, look for 111140 and 111910.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (108040) but below its 50 period moving average (108878).
Supports and resistances:
111910 **
111140 *
109830 **
109310
108780 last
107220
106440 **
105670 *
104890 **
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