Bitcoin Intraday: the upside prevails as long as 114400 is support
Aug 6, 2025 7:49 PM
the upside prevails as long as 114400 is support.
Our pivot point is at 114400.
Our preference:
the upside prevails as long as 114400 is support.
Alternative scenario:
below 114400, expect 113270 and 112600.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 114744 and 114197).
Supports and resistances:
118750 **
118080 *
117410 **
116740
115301 last
114840
114400 **
113270 *
112600 **
Our preference:
the upside prevails as long as 114400 is support.
Alternative scenario:
below 114400, expect 113270 and 112600.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 114744 and 114197).
Supports and resistances:
118750 **
118080 *
117410 **
116740
115301 last
114840
114400 **
113270 *
112600 **
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