Bitcoin Intraday: the upside prevails as long as 117890 is support
Jul 21, 2025 6:47 AM
the upside prevails as long as 117890 is support.
Our pivot point is at 117890.
Our preference:
the upside prevails as long as 117890 is support.
Alternative scenario:
below 117890, expect 116630 and 115880.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 117964 and 118121).
Supports and resistances:
122960 **
122200 *
121450 **
120700
118975 last
118390
117890 **
116630 *
115880 **
Our preference:
the upside prevails as long as 117890 is support.
Alternative scenario:
below 117890, expect 116630 and 115880.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 117964 and 118121).
Supports and resistances:
122960 **
122200 *
121450 **
120700
118975 last
118390
117890 **
116630 *
115880 **
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