Bitcoin Intraday: the upside prevails as long as 113100 is support
Aug 20, 2025 7:49 PM
the upside prevails as long as 113100 is support.
Our pivot point is at 113100.
Our preference:
the upside prevails as long as 113100 is support.
Alternative scenario:
below 113100, expect 111980 and 111310.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 113664 and 113518).
Supports and resistances:
117470 **
116810 *
116140 **
115470
114015 last
113540
113100 **
111980 *
111310 **
Our preference:
the upside prevails as long as 113100 is support.
Alternative scenario:
below 113100, expect 111980 and 111310.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 113664 and 113518).
Supports and resistances:
117470 **
116810 *
116140 **
115470
114015 last
113540
113100 **
111980 *
111310 **
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