Bitcoin Intraday: as long as 116440 is support look for 119850
Oct 1, 2025 7:50 PM
as long as 116440 is support look for 119850.
Our pivot point is at 116440.
Our preference:
as long as 116440 is support look for 119850.
Alternative scenario:
the downside breakout of 116440 would call for 115190 and 114450.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 117072 and 115556).
Supports and resistances:
121340 **
120590 *
119850 **
119110
117618 last
116930
116440 **
115190 *
114450 **
Our preference:
as long as 116440 is support look for 119850.
Alternative scenario:
the downside breakout of 116440 would call for 115190 and 114450.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 117072 and 115556).
Supports and resistances:
121340 **
120590 *
119850 **
119110
117618 last
116930
116440 **
115190 *
114450 **
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