Bitcoin Intraday: our next up target stands at 110570
Jul 8, 2025 6:50 AM
our next up target stands at 110570.
Our pivot point is at 107180.
Our preference:
our next up target stands at 110570.
Alternative scenario:
below 107180, expect 105920 and 105170.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 108056 and 108294).
Supports and resistances:
112080 **
111320 *
110570 **
109820
108319 last
107680
107180 **
105920 *
105170 **
Our preference:
our next up target stands at 110570.
Alternative scenario:
below 107180, expect 105920 and 105170.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 108056 and 108294).
Supports and resistances:
112080 **
111320 *
110570 **
109820
108319 last
107680
107180 **
105920 *
105170 **
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