Bitcoin Intraday: the downside prevails as long as 112160 is resistance
Sep 9, 2025 7:47 PM
the downside prevails as long as 112160 is resistance.
Our pivot point stands at 112160.
Our preference:
the downside prevails as long as 112160 is resistance.
Alternative scenario:
the upside breakout of 112160, would call for 113270 and 113930.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 111842 and 112045).
Supports and resistances:
113930 **
113270 *
112160 **
111720
111288 last
109930
109270 **
108600 *
107940 **
Our preference:
the downside prevails as long as 112160 is resistance.
Alternative scenario:
the upside breakout of 112160, would call for 113270 and 113930.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 111842 and 112045).
Supports and resistances:
113930 **
113270 *
112160 **
111720
111288 last
109930
109270 **
108600 *
107940 **
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