Bitcoin Short Term: bullish bias above 111110
Aug 4, 2025 7:27 AM
long positions above 111110 with targets at 120700 & 129030 in extension.
Pivot: 111110
Our preference:
long positions above 111110 with targets at 120700 & 129030 in extension.
Alternative scenario:
below 111110 look for further downside with 106355 & 101110 as targets.
Comment:
intraday technical indicators are mixed and call for caution.
Supports and resistances:
135000
129030
120700
114493 Last
111110
106355
101110
Our preference:
long positions above 111110 with targets at 120700 & 129030 in extension.
Alternative scenario:
below 111110 look for further downside with 106355 & 101110 as targets.
Comment:
intraday technical indicators are mixed and call for caution.
Supports and resistances:
135000
129030
120700
114493 Last
111110
106355
101110
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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