Bitcoin Intraday: the upside prevails as long as 119160 is support
Aug 13, 2025 12:02 AM
the upside prevails as long as 119160 is support.
119160 is our pivot point.
Our preference:
the upside prevails as long as 119160 is support.
Alternative scenario:
below 119160, expect 118070 and 117420.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 119777 and 119220).
Supports and resistances:
123420 **
122770 *
122120 **
121470
120012 last
119580
119160 **
118070 *
117420 **
Our preference:
the upside prevails as long as 119160 is support.
Alternative scenario:
below 119160, expect 118070 and 117420.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 119777 and 119220).
Supports and resistances:
123420 **
122770 *
122120 **
121470
120012 last
119580
119160 **
118070 *
117420 **
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