Bitcoin Intraday: the downside prevails as long as 114660 is resistance
Aug 21, 2025 8:40 AM
the downside prevails as long as 114660 is resistance.

Our pivot point stands at 114660.
Our preference:
the downside prevails as long as 114660 is resistance.
Alternative scenario:
the upside breakout of 114660, would call for 115780 and 116450.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 113998 and 113895).
Supports and resistances:
116450 **
115780 *
114660 **
114220
113757 last
112410
111740 **
111070 *
110410 **
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