Bitcoin Intraday: rebound towards 108840
Nov 4, 2025 1:06 AM
rebound towards 108840.
Our pivot point stands at 105420.
Our preference:
rebound towards 108840.
Alternative scenario:
the downside breakout of 105420 would call for 104140 and 103380.
Comment:
the RSI is below its neutrality area at 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 106623 and 107377).
Supports and resistances:
110360 **
109600 *
108840 **
108080
106553 last
105920
105420 **
104140 *
103380 **
Our preference:
rebound towards 108840.
Alternative scenario:
the downside breakout of 105420 would call for 104140 and 103380.
Comment:
the RSI is below its neutrality area at 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 106623 and 107377).
Supports and resistances:
110360 **
109600 *
108840 **
108080
106553 last
105920
105420 **
104140 *
103380 **
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Bitcoin
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