Bitcoin Intraday: rebound towards 120310
Aug 15, 2025 12:02 AM
rebound towards 120310.
Our pivot point is at 117540.
Our preference:
rebound towards 120310.
Alternative scenario:
below 117540, expect 116470 and 115830.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (118180) but below its 50 period moving average (120440).
Supports and resistances:
121580 **
120940 *
120310 **
119670
118383 last
117960
117540 **
116470 *
115830 **
Our preference:
rebound towards 120310.
Alternative scenario:
below 117540, expect 116470 and 115830.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (118180) but below its 50 period moving average (120440).
Supports and resistances:
121580 **
120940 *
120310 **
119670
118383 last
117960
117540 **
116470 *
115830 **
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