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Bitcoin Intraday: rebound

Nov 7, 2025 5:06 AM
rebound.
image
100940 is our pivot point.
Our preference:
rebound.
Alternative scenario:
below 100940, expect 99630 and 98860.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (101435) but under its 50 period moving average (102192).
Supports and resistances:
105870 **
105090 *
104310 **
103530
101977 last
101460
100940 **
99630 *
98860 **
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