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Bitcoin Intraday: rebound towards 98670

Dec 26, 2024 8:50 PM
rebound towards 98670.
image
Our pivot point stands at 93990.
Our preference:
rebound towards 98670.
Alternative scenario:
below 93990, expect 92220 and 91170.
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 95715 and 97106).
Supports and resistances:
100770 **
99720 *
98670 **
97610
95437 last
94690
93990 **
92220 *
91170 **
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