Bitcoin Intraday: the upside prevails as long as 112770 is support
Aug 20, 2025 1:00 PM
the upside prevails as long as 112770 is support.
112770 is our pivot point.
Our preference:
the upside prevails as long as 112770 is support.
Alternative scenario:
below 112770, expect 111660 and 110990.
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 113668 and 113662).
Supports and resistances:
117200 **
116530 *
115860 **
115200
113739 last
113210
112770 **
111660 *
110990 **
Our preference:
the upside prevails as long as 112770 is support.
Alternative scenario:
below 112770, expect 111660 and 110990.
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 113668 and 113662).
Supports and resistances:
117200 **
116530 *
115860 **
115200
113739 last
113210
112770 **
111660 *
110990 **
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