Bitcoin Intraday: rise to 113940
Sep 3, 2025 12:59 PM
rise to 113940.
Our pivot point stands at 110180.
Our preference:
rise to 113940.
Alternative scenario:
the downside breakout of 110180 would call for 108990 and 108280.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 111105 and 110978).
Supports and resistances:
115370 **
114650 *
113940 **
113230
111124 last
110650
110180 **
108990 *
108280 **
Our preference:
rise to 113940.
Alternative scenario:
the downside breakout of 110180 would call for 108990 and 108280.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 111105 and 110978).
Supports and resistances:
115370 **
114650 *
113940 **
113230
111124 last
110650
110180 **
108990 *
108280 **
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