Bitcoin Intraday: the downside prevails as long as 113330 is resistance
Aug 28, 2025 7:49 PM
the downside prevails as long as 113330 is resistance.
Our pivot point stands at 113330.
Our preference:
the downside prevails as long as 113330 is resistance.
Alternative scenario:
the upside breakout of 113330, would call for 114520 and 115220.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 112743 and 112428).
Supports and resistances:
115220 **
114520 *
113330 **
112870
112164 last
110610
109900 **
109200 *
108500 **
Our preference:
the downside prevails as long as 113330 is resistance.
Alternative scenario:
the upside breakout of 113330, would call for 114520 and 115220.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 112743 and 112428).
Supports and resistances:
115220 **
114520 *
113330 **
112870
112164 last
110610
109900 **
109200 *
108500 **
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