Bitcoin Intraday: the upside prevails as long as 115740 is support
Jul 25, 2025 7:50 PM
the upside prevails as long as 115740 is support.
115740 is our pivot point.
Our preference:
the upside prevails as long as 115740 is support.
Alternative scenario:
the downside breakout of 115740 would call for 114560 and 113860.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 116167 and 116672).
Supports and resistances:
120500 **
119800 *
119100 **
118400
116999 last
116200
115740 **
114560 *
113860 **
Our preference:
the upside prevails as long as 115740 is support.
Alternative scenario:
the downside breakout of 115740 would call for 114560 and 113860.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 116167 and 116672).
Supports and resistances:
120500 **
119800 *
119100 **
118400
116999 last
116200
115740 **
114560 *
113860 **
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