Bitcoin Intraday: the upside prevails as long as 119030 is support
Jul 23, 2025 12:02 AM
the upside prevails as long as 119030 is support.
Our pivot point stands at 119030.
Our preference:
the upside prevails as long as 119030 is support.
Alternative scenario:
below 119030, expect 117820 and 117100.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 119482 and 118584).
Supports and resistances:
123590 **
122870 *
122150 **
121430
119991 last
119500
119030 **
117820 *
117100 **
Our preference:
the upside prevails as long as 119030 is support.
Alternative scenario:
below 119030, expect 117820 and 117100.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 119482 and 118584).
Supports and resistances:
123590 **
122870 *
122150 **
121430
119991 last
119500
119030 **
117820 *
117100 **
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