Bitcoin Intraday: rebound towards 105200
Jan 21, 2025 5:05 AM
rebound towards 105200.

Our pivot point stands at 100910.
Our preference:
rebound towards 105200.
Alternative scenario:
the downside breakout of 100910 would call for 99340 and 98400.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 102534 and 104633).
Supports and resistances:
107080 **
106140 *
105200 **
104260
102258 last
101530
100910 **
99340 *
98400 **
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