Bitcoin Intraday: the upside prevails as long as 108390 is support
Sep 2, 2025 2:03 AM
the upside prevails as long as 108390 is support.
108390 is our pivot point.
Our preference:
the upside prevails as long as 108390 is support.
Alternative scenario:
below 108390, expect 107240 and 106550.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108860 and 108685).
Supports and resistances:
112800 **
112110 *
111420 **
110740
109298 last
108840
108390 **
107240 *
106550 **
Our preference:
the upside prevails as long as 108390 is support.
Alternative scenario:
below 108390, expect 107240 and 106550.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108860 and 108685).
Supports and resistances:
112800 **
112110 *
111420 **
110740
109298 last
108840
108390 **
107240 *
106550 **
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