Bitcoin Intraday: the upside prevails as long as 108220 is support
Jul 7, 2025 12:05 AM
the upside prevails as long as 108220 is support.
Our pivot point is at 108220.
Our preference:
the upside prevails as long as 108220 is support.
Alternative scenario:
below 108220, expect 106950 and 106190.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 108925 and 108469).
Supports and resistances:
113030 **
112270 *
111510 **
110750
109223 last
108720
108220 **
106950 *
106190 **
Our preference:
the upside prevails as long as 108220 is support.
Alternative scenario:
below 108220, expect 106950 and 106190.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 108925 and 108469).
Supports and resistances:
113030 **
112270 *
111510 **
110750
109223 last
108720
108220 **
106950 *
106190 **
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