Bitcoin Intraday: above its upper Bollinger band
Jun 26, 2025 7:50 PM
our next up target stands at 109910.
Our pivot point is at 106520.
Our preference:
our next up target stands at 109910.
Alternative scenario:
the downside breakout of 106520 would call for 105260 and 104500.
Comment:
the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107296 and 107538). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 107623).
Supports and resistances:
111420 **
110670 *
109910 **
109160
107625 last
107020
106520 **
105260 *
104500 **
Our preference:
our next up target stands at 109910.
Alternative scenario:
the downside breakout of 106520 would call for 105260 and 104500.
Comment:
the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107296 and 107538). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 107623).
Supports and resistances:
111420 **
110670 *
109910 **
109160
107625 last
107020
106520 **
105260 *
104500 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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