Bitcoin Intraday: the upside prevails as long as 121420 is support
Aug 13, 2025 7:49 PM
the upside prevails as long as 121420 is support.
Our pivot point stands at 121420.
Our preference:
the upside prevails as long as 121420 is support.
Alternative scenario:
below 121420, expect 120310 and 119650.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 121203 and 120293).
Supports and resistances:
125890 **
125230 *
124560 **
123900
122499 last
121850
121420 **
120310 *
119650 **
Our preference:
the upside prevails as long as 121420 is support.
Alternative scenario:
below 121420, expect 120310 and 119650.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 121203 and 120293).
Supports and resistances:
125890 **
125230 *
124560 **
123900
122499 last
121850
121420 **
120310 *
119650 **
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