Bitcoin Intraday: as long as 117660 is support look for 120720
Aug 10, 2025 7:49 PM
as long as 117660 is support look for 120720.
Our pivot point stands at 117660.
Our preference:
as long as 117660 is support look for 120720.
Alternative scenario:
below 117660, expect 116500 and 115820.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 118520 and 117832).
Supports and resistances:
122100 **
121410 *
120720 **
120030
118648 last
118110
117660 **
116500 *
115820 **
Our preference:
as long as 117660 is support look for 120720.
Alternative scenario:
below 117660, expect 116500 and 115820.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 118520 and 117832).
Supports and resistances:
122100 **
121410 *
120720 **
120030
118648 last
118110
117660 **
116500 *
115820 **
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