Bitcoin Intraday: the downside prevails as long as 112300 is resistance
Sep 5, 2025 7:48 PM
the downside prevails as long as 112300 is resistance.
112300 is our pivot point.
Our preference:
the downside prevails as long as 112300 is resistance.
Alternative scenario:
above 112300, look for 113500 and 114210.
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 111587 and 111410).
Supports and resistances:
114210 **
113500 *
112300 **
111840
111347 last
109800
109090 **
108380 *
107670 **
Our preference:
the downside prevails as long as 112300 is resistance.
Alternative scenario:
above 112300, look for 113500 and 114210.
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 111587 and 111410).
Supports and resistances:
114210 **
113500 *
112300 **
111840
111347 last
109800
109090 **
108380 *
107670 **
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