Bitcoin Intraday: as long as 117630 is support look for 120920
Oct 2, 2025 8:40 AM
as long as 117630 is support look for 120920.
Our pivot point stands at 117630.
Our preference:
as long as 117630 is support look for 120920.
Alternative scenario:
the downside breakout of 117630 would call for 116370 and 115620.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 118643 and 117677).
Supports and resistances:
122430 **
121680 *
120920 **
120170
118672 last
118120
117630 **
116370 *
115620 **
Our preference:
as long as 117630 is support look for 120920.
Alternative scenario:
the downside breakout of 117630 would call for 116370 and 115620.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 118643 and 117677).
Supports and resistances:
122430 **
121680 *
120920 **
120170
118672 last
118120
117630 **
116370 *
115620 **
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