Bitcoin Intraday: rebound towards 115000
Aug 20, 2025 2:03 AM
rebound towards 115000.
Our pivot point is at 112110.
Our preference:
rebound towards 115000.
Alternative scenario:
below 112110, expect 111000 and 110340.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113211 and 114359).
Supports and resistances:
116320 **
115660 *
115000 **
114340
112987 last
112550
112110 **
111000 *
110340 **
Our preference:
rebound towards 115000.
Alternative scenario:
below 112110, expect 111000 and 110340.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113211 and 114359).
Supports and resistances:
116320 **
115660 *
115000 **
114340
112987 last
112550
112110 **
111000 *
110340 **
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