Bitcoin Intraday: rebound towards 89710
Jan 1, 2026 5:04 AM
rebound towards 89710.
Our pivot point stands at 86430.
Our preference:
rebound towards 89710.
Alternative scenario:
the downside breakout of 86430 would call for 85170 and 84420.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87603 and 88017).
Supports and resistances:
91210 **
90460 *
89710 **
88960
87455 last
86920
86430 **
85170 *
84420 **
Our preference:
rebound towards 89710.
Alternative scenario:
the downside breakout of 86430 would call for 85170 and 84420.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87603 and 88017).
Supports and resistances:
91210 **
90460 *
89710 **
88960
87455 last
86920
86430 **
85170 *
84420 **
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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