Bitcoin Intraday: rebound towards 112850
Aug 26, 2025 12:59 PM
rebound towards 112850.
Our pivot point is at 108820.
Our preference:
rebound towards 112850.
Alternative scenario:
the downside breakout of 108820 would call for 107660 and 106970.
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 (110087) but below its 50 period moving average (110661).
Supports and resistances:
114240 **
113540 *
112850 **
112150
110200 last
109270
108820 **
107660 *
106970 **
Our preference:
rebound towards 112850.
Alternative scenario:
the downside breakout of 108820 would call for 107660 and 106970.
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 (110087) but below its 50 period moving average (110661).
Supports and resistances:
114240 **
113540 *
112850 **
112150
110200 last
109270
108820 **
107660 *
106970 **
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