Bitcoin Intraday: rebound towards 86560
Apr 3, 2025 8:41 AM
rebound towards 86560.
82290 is our pivot point.
Our preference:
rebound towards 86560.
Alternative scenario:
the downside breakout of 82290 would call for 80680 and 79720.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (83361) but under its 50 period moving average (84618).
Supports and resistances:
88480 **
87520 *
86560 **
85600
83675 last
82920
82290 **
80680 *
79720 **
Our preference:
rebound towards 86560.
Alternative scenario:
the downside breakout of 82290 would call for 80680 and 79720.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (83361) but under its 50 period moving average (84618).
Supports and resistances:
88480 **
87520 *
86560 **
85600
83675 last
82920
82290 **
80680 *
79720 **
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Bitcoin
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