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Bitcoin Intraday: rebound towards 89120

Dec 1, 2025 9:41 AM
rebound towards 89120.
image
Our pivot point is at 85580.
Our preference:
rebound towards 89120.
Alternative scenario:
the downside breakout of 85580 would call for 84250 and 83460.
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 stands above its 20 period moving average (86602) but below its 50 period moving average (89448).
Supports and resistances:
90710 **
89910 *
89120 **
88330
86694 last
86100
85580 **
84250 *
83460 **
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