Bitcoin Intraday: the upside prevails as long as 112120 is support
Sep 24, 2025 12:59 PM
the upside prevails as long as 112120 is support.
112120 is our pivot point.
Our preference:
the upside prevails as long as 112120 is support.
Alternative scenario:
below 112120, expect 110990 and 110320.
Comment:
the RSI is above 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 112573 and 112444).
Supports and resistances:
116480 **
115800 *
115130 **
114450
113031 last
112570
112120 **
110990 *
110320 **
Our preference:
the upside prevails as long as 112120 is support.
Alternative scenario:
below 112120, expect 110990 and 110320.
Comment:
the RSI is above 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 112573 and 112444).
Supports and resistances:
116480 **
115800 *
115130 **
114450
113031 last
112570
112120 **
110990 *
110320 **
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