Bitcoin Intraday: the upside prevails as long as 112060 is support
Sep 23, 2025 12:59 PM
the upside prevails as long as 112060 is support.
Our pivot point is at 112060.
Our preference:
the upside prevails as long as 112060 is support.
Alternative scenario:
the downside breakout of 112060 would call for 110930 and 110250.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112879 and 112766).
Supports and resistances:
116470 **
115790 *
115120 **
114440
112988 last
112500
112060 **
110930 *
110250 **
Our preference:
the upside prevails as long as 112060 is support.
Alternative scenario:
the downside breakout of 112060 would call for 110930 and 110250.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112879 and 112766).
Supports and resistances:
116470 **
115790 *
115120 **
114440
112988 last
112500
112060 **
110930 *
110250 **
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