Market Analysis of BITCOIN on Wednesday 02 July 2025

2025-07-02 10:01Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 107940

 

104730 is our pivot point.

 

Our preference:

Rebound towards 107940.

 

Alternative scenario:

Below 104730, expect 103500 and 102770.

 

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 105879 and 106489).

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