Bitcoin Intraday: as long as 111230 is support look for 114340
Sep 8, 2025 7:47 PM
as long as 111230 is support look for 114340.
Our pivot point is at 111230.
Our preference:
as long as 111230 is support look for 114340.
Alternative scenario:
below 111230, expect 110030 and 109310.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (112263) but above its 50 period moving average (111629).
Supports and resistances:
115780 **
115060 *
114340 **
113630
112175 last
111700
111230 **
110030 *
109310 **
Our preference:
as long as 111230 is support look for 114340.
Alternative scenario:
below 111230, expect 110030 and 109310.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (112263) but above its 50 period moving average (111629).
Supports and resistances:
115780 **
115060 *
114340 **
113630
112175 last
111700
111230 **
110030 *
109310 **
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