Bitcoin Intraday: the downside prevails as long as 116320 is resistance
Sep 15, 2025 2:02 AM
the downside prevails as long as 116320 is resistance.
Our pivot point is at 116320.
Our preference:
the downside prevails as long as 116320 is resistance.
Alternative scenario:
the upside breakout of 116320, would call for 117470 and 118160.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115564 and 115694).
Supports and resistances:
118160 **
117470 *
116320 **
115870
115415 last
113840
113160 **
112470 *
111790 **
Our preference:
the downside prevails as long as 116320 is resistance.
Alternative scenario:
the upside breakout of 116320, would call for 117470 and 118160.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115564 and 115694).
Supports and resistances:
118160 **
117470 *
116320 **
115870
115415 last
113840
113160 **
112470 *
111790 **
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