Bitcoin Intraday: the downside prevails as long as 113090 is resistance
Aug 21, 2025 7:49 PM
the downside prevails as long as 113090 is resistance.
Our pivot point stands at 113090.
Our preference:
the downside prevails as long as 113090 is resistance.
Alternative scenario:
the upside breakout of 113090, would call for 114200 and 114860.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112918 and 113586).
Supports and resistances:
114860 **
114200 *
113090 **
112660
112050 last
110720
110070 **
109410 *
108750 **
Our preference:
the downside prevails as long as 113090 is resistance.
Alternative scenario:
the upside breakout of 113090, would call for 114200 and 114860.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112918 and 113586).
Supports and resistances:
114860 **
114200 *
113090 **
112660
112050 last
110720
110070 **
109410 *
108750 **
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