Bitcoin Intraday: rebound towards 117080
Aug 23, 2025 7:47 PM
rebound towards 117080.
Our pivot point stands at 114150.
Our preference:
rebound towards 117080.
Alternative scenario:
the downside breakout of 114150 would call for 113020 and 112350.
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 115083 and 115767).
Supports and resistances:
118430 **
117750 *
117080 **
116400
115055 last
114600
114150 **
113020 *
112350 **
Our preference:
rebound towards 117080.
Alternative scenario:
the downside breakout of 114150 would call for 113020 and 112350.
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 115083 and 115767).
Supports and resistances:
118430 **
117750 *
117080 **
116400
115055 last
114600
114150 **
113020 *
112350 **
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