Bitcoin Intraday: rebound towards 96580
Nov 16, 2025 11:38 PM
rebound towards 96580.
Our pivot point stands at 92990.
Our preference:
rebound towards 96580.
Alternative scenario:
the downside breakout of 92990 would call for 91700 and 90940.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94319 and 95177).
Supports and resistances:
98120 **
97350 *
96580 **
95810
94127 last
93500
92990 **
91700 *
90940 **
Our preference:
rebound towards 96580.
Alternative scenario:
the downside breakout of 92990 would call for 91700 and 90940.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94319 and 95177).
Supports and resistances:
98120 **
97350 *
96580 **
95810
94127 last
93500
92990 **
91700 *
90940 **
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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