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Bitcoin Intraday: rebound towards 89830

Jan 29, 2026 9:41 AM
rebound towards 89830.
image
Our pivot point is at 87000.
Our preference:
rebound towards 89830.
Alternative scenario:
below 87000, expect 85920 and 85290.
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 is trading under both its 20 and 50 period moving average (respectively at 88193 and 88949).
Supports and resistances:
91110 **
90470 *
89830 **
89190
87848 last
87420
87000 **
85920 *
85290 **
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