Bitcoin Intraday: rebound towards 89920
Jan 29, 2026 2:01 PM
rebound towards 89920.
Our pivot point stands at 86970.
Our preference:
rebound towards 89920.
Alternative scenario:
below 86970, expect 85900 and 85260.
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 87964 and 88685).
Supports and resistances:
91200 **
90560 *
89920 **
89280
87867 last
87390
86970 **
85900 *
85260 **
Our preference:
rebound towards 89920.
Alternative scenario:
below 86970, expect 85900 and 85260.
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 87964 and 88685).
Supports and resistances:
91200 **
90560 *
89920 **
89280
87867 last
87390
86970 **
85900 *
85260 **
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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