Bitcoin Intraday: as long as 122720 is support look for 126180
Oct 6, 2025 8:40 AM
as long as 122720 is support look for 126180.
122720 is our pivot point.
Our preference:
as long as 122720 is support look for 126180.
Alternative scenario:
the downside breakout of 122720 would call for 121400 and 120620.
Comment:
the RSI is above 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 123771 and 123429).
Supports and resistances:
127750 **
126960 *
126180 **
125400
123798 last
123240
122720 **
121400 *
120620 **
Our preference:
as long as 122720 is support look for 126180.
Alternative scenario:
the downside breakout of 122720 would call for 121400 and 120620.
Comment:
the RSI is above 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 123771 and 123429).
Supports and resistances:
127750 **
126960 *
126180 **
125400
123798 last
123240
122720 **
121400 *
120620 **
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