Bitcoin Short Term: as long as 109890 is support look for 133480
Jul 22, 2025 10:06 AM
as long as 109890 is support look for 133480.
Our pivot point stands at 109890.
Our preference:
as long as 109890 is support look for 133480.
Alternative scenario:
the downside breakout of 109890 would call for 101780 and 96960.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 114929 and 109520).
Supports and resistances:
143330 **
138410 *
133480 **
128550
118496 last
113080
109890 **
101780 *
96960 **
Our preference:
as long as 109890 is support look for 133480.
Alternative scenario:
the downside breakout of 109890 would call for 101780 and 96960.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 114929 and 109520).
Supports and resistances:
143330 **
138410 *
133480 **
128550
118496 last
113080
109890 **
101780 *
96960 **
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