Bitcoin Intraday: the upside prevails as long as 102940 is support
Nov 5, 2025 8:16 PM
the upside prevails as long as 102940 is support.
Our pivot point stands at 102940.
Our preference:
the upside prevails as long as 102940 is support.
Alternative scenario:
below 102940, expect 101610 and 100820.
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 trading above both its 20 and 50 period moving average (respectively at 103241 and 102077).
Supports and resistances:
108210 **
107420 *
106620 **
105820
104232 last
103470
102940 **
101610 *
100820 **
Our preference:
the upside prevails as long as 102940 is support.
Alternative scenario:
below 102940, expect 101610 and 100820.
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 trading above both its 20 and 50 period moving average (respectively at 103241 and 102077).
Supports and resistances:
108210 **
107420 *
106620 **
105820
104232 last
103470
102940 **
101610 *
100820 **
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