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Bitcoin Intraday: rebound

Nov 17, 2025 3:04 AM
rebound.
image
Our pivot point stands at 93890.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 93890 would call for 92590 and 91810.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (94387) but under its 50 period moving average (95111).
Supports and resistances:
98780 **
98010 *
97240 **
96460
94912 last
94400
93890 **
92590 *
91810 **
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