Bitcoin Intraday: the upside prevails as long as 110860 is support
Oct 12, 2025 6:47 AM
the upside prevails as long as 110860 is support.
Our pivot point stands at 110860.
Our preference:
the upside prevails as long as 110860 is support.
Alternative scenario:
the downside breakout of 110860 would call for 109630 and 108900.
Comment:
the RSI is above 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 110944 and 111501).
Supports and resistances:
115690 **
114960 *
114230 **
113490
111860 last
111340
110860 **
109630 *
108900 **
Our preference:
the upside prevails as long as 110860 is support.
Alternative scenario:
the downside breakout of 110860 would call for 109630 and 108900.
Comment:
the RSI is above 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 110944 and 111501).
Supports and resistances:
115690 **
114960 *
114230 **
113490
111860 last
111340
110860 **
109630 *
108900 **
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