Bitcoin Intraday: the upside prevails as long as 111700 is support
Sep 24, 2025 6:47 AM
the upside prevails as long as 111700 is support.
Our pivot point is at 111700.
Our preference:
the upside prevails as long as 111700 is support.
Alternative scenario:
the downside breakout of 111700 would call for 110570 and 109900.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 112204 and 112508).
Supports and resistances:
116000 **
115330 *
114660 **
113990
112641 last
112140
111700 **
110570 *
109900 **
Our preference:
the upside prevails as long as 111700 is support.
Alternative scenario:
the downside breakout of 111700 would call for 110570 and 109900.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 112204 and 112508).
Supports and resistances:
116000 **
115330 *
114660 **
113990
112641 last
112140
111700 **
110570 *
109900 **
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