Bitcoin Intraday: rebound towards 115770
Aug 6, 2025 2:02 AM
rebound towards 115770.
112910 is our pivot point.
Our preference:
rebound towards 115770.
Alternative scenario:
the downside breakout of 112910 would call for 111800 and 111140.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (113707) but under its 50 period moving average (114006).
Supports and resistances:
117090 **
116430 *
115770 **
115110
113785 last
113350
112910 **
111800 *
111140 **
Our preference:
rebound towards 115770.
Alternative scenario:
the downside breakout of 112910 would call for 111800 and 111140.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (113707) but under its 50 period moving average (114006).
Supports and resistances:
117090 **
116430 *
115770 **
115110
113785 last
113350
112910 **
111800 *
111140 **
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