Bitcoin Intraday: rebound towards 117370
Aug 18, 2025 12:59 PM
rebound towards 117370.
Our pivot point stands at 114330.
Our preference:
rebound towards 117370.
Alternative scenario:
below 114330, expect 113280 and 112660.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (115304) but under its 50 period moving average (116713).
Supports and resistances:
118620 **
118000 *
117370 **
116750
115503 last
114740
114330 **
113280 *
112660 **
Our preference:
rebound towards 117370.
Alternative scenario:
below 114330, expect 113280 and 112660.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (115304) but under its 50 period moving average (116713).
Supports and resistances:
118620 **
118000 *
117370 **
116750
115503 last
114740
114330 **
113280 *
112660 **
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