Bitcoin Intraday: the downside prevails as long as 116750 is resistance
Jul 25, 2025 8:40 AM
the downside prevails as long as 116750 is resistance.
Our pivot point is at 116750.
Our preference:
the downside prevails as long as 116750 is resistance.
Alternative scenario:
above 116750, look for 117910 and 118600.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 116422 and 117828).
Supports and resistances:
118600 **
117910 *
116750 **
116290
115300 last
113900
113210 **
112520 *
111830 **
Our preference:
the downside prevails as long as 116750 is resistance.
Alternative scenario:
above 116750, look for 117910 and 118600.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 116422 and 117828).
Supports and resistances:
118600 **
117910 *
116750 **
116290
115300 last
113900
113210 **
112520 *
111830 **
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