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Bitcoin Intraday: rebound towards 110320

Nov 3, 2025 2:04 PM
rebound towards 110320.
image
Our pivot point stands at 106650.
Our preference:
rebound towards 110320.
Alternative scenario:
the downside breakout of 106650 would call for 105360 and 104590.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (107578) but under its 50 period moving average (108970).
Supports and resistances:
111860 **
111090 *
110320 **
109550
107914 last
107160
106650 **
105360 *
104590 **
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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Bitcoin
84000.34
-44.58
-5.30%
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