Bitcoin Intraday: our next up target stands at 120920
Jul 24, 2025 8:41 AM
our next up target stands at 120920.
Our pivot point stands at 117740.
Our preference:
our next up target stands at 120920.
Alternative scenario:
below 117740, expect 116550 and 115840.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. 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 118526 and 118342).
Supports and resistances:
122350 **
121630 *
120920 **
120210
118787 last
118210
117740 **
116550 *
115840 **
Our preference:
our next up target stands at 120920.
Alternative scenario:
below 117740, expect 116550 and 115840.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. 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 118526 and 118342).
Supports and resistances:
122350 **
121630 *
120920 **
120210
118787 last
118210
117740 **
116550 *
115840 **
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.
Related Instruments
Bitcoin
86860.44
-793.7200000000012
-90.60%
