Bitcoin Intraday: the upside prevails as long as 119030 is support
Jul 23, 2025 12:02 AM
the upside prevails as long as 119030 is support.
Our pivot point stands at 119030.
Our preference:
the upside prevails as long as 119030 is support.
Alternative scenario:
below 119030, expect 117820 and 117100.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 119482 and 118584).
Supports and resistances:
123590 **
122870 *
122150 **
121430
119991 last
119500
119030 **
117820 *
117100 **
Our preference:
the upside prevails as long as 119030 is support.
Alternative scenario:
below 119030, expect 117820 and 117100.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 119482 and 118584).
Supports and resistances:
123590 **
122870 *
122150 **
121430
119991 last
119500
119030 **
117820 *
117100 **
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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