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Bitcoin Intraday: as long as 114180 is support look for 117150

Aug 5, 2025 12:02 AM
as long as 114180 is support look for 117150.
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114180 is our pivot point.
Our preference:
as long as 114180 is support look for 117150.
Alternative scenario:
below 114180, expect 113020 and 112340.
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 above its 20 and 50 period moving average (respectively at 115046 and 114746).
Supports and resistances:
118520 **
117830 *
117150 **
116460
115079 last
114630
114180 **
113020 *
112340 **
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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