Bitcoin Short Term: as long as 109890 is support look for 133480
Jul 22, 2025 10:06 AM
as long as 109890 is support look for 133480.
Our pivot point stands at 109890.
Our preference:
as long as 109890 is support look for 133480.
Alternative scenario:
the downside breakout of 109890 would call for 101780 and 96960.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 114929 and 109520).
Supports and resistances:
143330 **
138410 *
133480 **
128550
118496 last
113080
109890 **
101780 *
96960 **
Our preference:
as long as 109890 is support look for 133480.
Alternative scenario:
the downside breakout of 109890 would call for 101780 and 96960.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 114929 and 109520).
Supports and resistances:
143330 **
138410 *
133480 **
128550
118496 last
113080
109890 **
101780 *
96960 **
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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