Bitcoin Intraday: rebound towards 118560
Jul 25, 2025 12:59 PM
rebound towards 118560.
115080 is our pivot point.
Our preference:
rebound towards 118560.
Alternative scenario:
the downside breakout of 115080 would call for 113920 and 113220.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (115853) but below its 50 period moving average (117449).
Supports and resistances:
119960 **
119260 *
118560 **
117870
116075 last
115540
115080 **
113920 *
113220 **
Our preference:
rebound towards 118560.
Alternative scenario:
the downside breakout of 115080 would call for 113920 and 113220.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (115853) but below its 50 period moving average (117449).
Supports and resistances:
119960 **
119260 *
118560 **
117870
116075 last
115540
115080 **
113920 *
113220 **
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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