Bitcoin Intraday: the upside prevails as long as 109940 is support
Aug 26, 2025 7:49 PM
the upside prevails as long as 109940 is support.
Our pivot point stands at 109940.
Our preference:
the upside prevails as long as 109940 is support.
Alternative scenario:
below 109940, expect 108770 and 108070.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 110158 and 110111).
Supports and resistances:
114590 **
113890 *
113190 **
112500
110912 last
110400
109940 **
108770 *
108070 **
Our preference:
the upside prevails as long as 109940 is support.
Alternative scenario:
below 109940, expect 108770 and 108070.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 110158 and 110111).
Supports and resistances:
114590 **
113890 *
113190 **
112500
110912 last
110400
109940 **
108770 *
108070 **
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