Bitcoin Intraday: the upside prevails as long as 113110 is support
Aug 6, 2025 6:47 AM
the upside prevails as long as 113110 is support.

Our pivot point is at 113110.
Our preference:
the upside prevails as long as 113110 is support.
Alternative scenario:
below 113110, expect 112000 and 111340.
Comment:
the RSI is above its neutrality area at 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 113783 and 113874).
Supports and resistances:
117380 **
116720 *
116060 **
115400
114068 last
113540
113110 **
112000 *
111340 **
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