Bitcoin Intraday: as long as 113470 is support look for 116580
Aug 4, 2025 8:40 AM
as long as 113470 is support look for 116580.
Our pivot point stands at 113470.
Our preference:
as long as 113470 is support look for 116580.
Alternative scenario:
below 113470, expect 112330 and 111650.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (114541) but above its 50 period moving average (114221).
Supports and resistances:
117950 **
117270 *
116580 **
115900
114539 last
113920
113470 **
112330 *
111650 **
Our preference:
as long as 113470 is support look for 116580.
Alternative scenario:
below 113470, expect 112330 and 111650.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (114541) but above its 50 period moving average (114221).
Supports and resistances:
117950 **
117270 *
116580 **
115900
114539 last
113920
113470 **
112330 *
111650 **
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
87702.61
-618.4199999999983
-70.00%
