Bitcoin Intraday: continuation of the rebound
Jul 22, 2025 11:36 AM
long positions above 116700 with targets at 120900 & 121700 in extension.

Pivot: 116700
Our preference:
long positions above 116700 with targets at 120900 & 121700 in extension.
Alternative scenario:
below 116700 look for further downside with 115800 & 115150 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
121900
121700
120900
119055 Last
116700
115800
115150
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.