Bitcoin Intraday: the upside prevails as long as 117730 is support
Oct 2, 2025 2:02 AM
the upside prevails as long as 117730 is support.
117730 is our pivot point.
Our preference:
the upside prevails as long as 117730 is support.
Alternative scenario:
the downside breakout of 117730 would call for 116470 and 115720.
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 above its 20 and 50 period moving average (respectively at 117875 and 116587).
Supports and resistances:
122490 **
121740 *
120990 **
120240
118725 last
118230
117730 **
116470 *
115720 **
Our preference:
the upside prevails as long as 117730 is support.
Alternative scenario:
the downside breakout of 117730 would call for 116470 and 115720.
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 above its 20 and 50 period moving average (respectively at 117875 and 116587).
Supports and resistances:
122490 **
121740 *
120990 **
120240
118725 last
118230
117730 **
116470 *
115720 **
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