Bitcoin Intraday: rebound towards 102620
Feb 2, 2025 7:50 AM
rebound towards 102620.
Our pivot point stands at 98410.
Our preference:
rebound towards 102620.
Alternative scenario:
the downside breakout of 98410 would call for 96910 and 96010.
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 100342 and 101272).
Supports and resistances:
104410 **
103510 *
102620 **
101720
99589 last
99000
98410 **
96910 *
96010 **
Our preference:
rebound towards 102620.
Alternative scenario:
the downside breakout of 98410 would call for 96910 and 96010.
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 100342 and 101272).
Supports and resistances:
104410 **
103510 *
102620 **
101720
99589 last
99000
98410 **
96910 *
96010 **
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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Bitcoin
116038.220
162.340
+0.14%
