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Bitcoin Intraday: the downside prevails as long as 110730 is resistance

Aug 26, 2025 2:04 AM
the downside prevails as long as 110730 is resistance.
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Our pivot point stands at 110730.
Our preference:
the downside prevails as long as 110730 is resistance.
Alternative scenario:
above 110730, look for 111810 and 112460.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 110693 and 111530).
Supports and resistances:
112460 **
111810 *
110730 **
110310
109883 last
108600
107950 **
107310 *
106660 **
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