Bitcoin Intraday: rebound towards 119470
Jul 22, 2025 4:02 AM
rebound towards 119470.
116260 is our pivot point.
Our preference:
rebound towards 119470.
Alternative scenario:
below 116260, expect 115020 and 114280.
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 under both its 20 and 50 period moving average (respectively at 117290 and 118063).
Supports and resistances:
120940 **
120210 *
119470 **
118730
117238 last
116750
116260 **
115020 *
114280 **
Our preference:
rebound towards 119470.
Alternative scenario:
below 116260, expect 115020 and 114280.
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 under both its 20 and 50 period moving average (respectively at 117290 and 118063).
Supports and resistances:
120940 **
120210 *
119470 **
118730
117238 last
116750
116260 **
115020 *
114280 **
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