Bitcoin Intraday: rise to 120670
Jul 24, 2025 4:02 AM
rise to 120670.
117600 is our pivot point.
Our preference:
rise to 120670.
Alternative scenario:
below 117600, expect 116410 and 115700.
Comment:
the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (118610) but above its 50 period moving average (118453).
Supports and resistances:
122090 **
121380 *
120670 **
119960
118536 last
118070
117600 **
116410 *
115700 **
Our preference:
rise to 120670.
Alternative scenario:
below 117600, expect 116410 and 115700.
Comment:
the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (118610) but above its 50 period moving average (118453).
Supports and resistances:
122090 **
121380 *
120670 **
119960
118536 last
118070
117600 **
116410 *
115700 **
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