Bitcoin Intraday: under pressure below 115630
Aug 5, 2025 2:02 AM
under pressure below 115630.
Our pivot point stands at 115630.
Our preference:
under pressure below 115630.
Alternative scenario:
the upside breakout of 115630, would call for 116780 and 117460.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115027 and 114759).
Supports and resistances:
117460 **
116780 *
115630 **
115180
114730 last
113360
112680 **
112000 *
111320 **
Our preference:
under pressure below 115630.
Alternative scenario:
the upside breakout of 115630, would call for 116780 and 117460.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115027 and 114759).
Supports and resistances:
117460 **
116780 *
115630 **
115180
114730 last
113360
112680 **
112000 *
111320 **
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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