Bitcoin Intraday: the upside prevails as long as 117220 is support
Jul 30, 2025 6:47 AM
the upside prevails as long as 117220 is support.
Our pivot point is at 117220.
Our preference:
the upside prevails as long as 117220 is support.
Alternative scenario:
below 117220, expect 116040 and 115340.
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 117888 and 118094).
Supports and resistances:
121720 **
121020 *
120310 **
119610
118203 last
117680
117220 **
116040 *
115340 **
Our preference:
the upside prevails as long as 117220 is support.
Alternative scenario:
below 117220, expect 116040 and 115340.
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 117888 and 118094).
Supports and resistances:
121720 **
121020 *
120310 **
119610
118203 last
117680
117220 **
116040 *
115340 **
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