Bitcoin Intraday: as long as 109590 is support look for 112860
Sep 2, 2025 7:49 PM
as long as 109590 is support look for 112860.
Our pivot point is at 109590.
Our preference:
as long as 109590 is support look for 112860.
Alternative scenario:
the downside breakout of 109590 would call for 108400 and 107700.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 110452 and 109922).
Supports and resistances:
114270 **
113570 *
112860 **
112150
110674 last
110050
109590 **
108400 *
107700 **
Our preference:
as long as 109590 is support look for 112860.
Alternative scenario:
the downside breakout of 109590 would call for 108400 and 107700.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 110452 and 109922).
Supports and resistances:
114270 **
113570 *
112860 **
112150
110674 last
110050
109590 **
108400 *
107700 **
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