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Bitcoin Intraday: rebound towards 88160

Dec 1, 2025 8:14 PM
rebound towards 88160.
image
Our pivot point stands at 83980.
Our preference:
rebound towards 88160.
Alternative scenario:
the downside breakout of 83980 would call for 82680 and 81900.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (85468) but under its 50 period moving average (86957).
Supports and resistances:
89730 **
88950 *
88160 **
87380
85797 last
84500
83980 **
82680 *
81900 **
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