Bitcoin Intraday: rebound towards 112020
Aug 26, 2025 8:40 AM
rebound towards 112020.
Our pivot point is at 109240.
Our preference:
rebound towards 112020.
Alternative scenario:
the downside breakout of 109240 would call for 108150 and 107510.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (109954) but below its 50 period moving average (110865).
Supports and resistances:
113310 **
112670 *
112020 **
111380
110088 last
109660
109240 **
108150 *
107510 **
Our preference:
rebound towards 112020.
Alternative scenario:
the downside breakout of 109240 would call for 108150 and 107510.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (109954) but below its 50 period moving average (110865).
Supports and resistances:
113310 **
112670 *
112020 **
111380
110088 last
109660
109240 **
108150 *
107510 **
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