Bitcoin Intraday: rebound towards 85870
Apr 5, 2025 7:50 PM
rebound towards 85870.
Our pivot point stands at 81530.
Our preference:
rebound towards 85870.
Alternative scenario:
the downside breakout of 81530 would call for 79930 and 78980.
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 83013 and 83479).
Supports and resistances:
87780 **
86820 *
85870 **
84920
82781 last
82150
81530 **
79930 *
78980 **
Our preference:
rebound towards 85870.
Alternative scenario:
the downside breakout of 81530 would call for 79930 and 78980.
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 83013 and 83479).
Supports and resistances:
87780 **
86820 *
85870 **
84920
82781 last
82150
81530 **
79930 *
78980 **
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
87645.87
119.94999999999709
+13.70%
