Bitcoin Intraday: rebound towards 115630
Aug 5, 2025 7:50 PM
rebound towards 115630.
112690 is our pivot point.
Our preference:
rebound towards 115630.
Alternative scenario:
below 112690, expect 111590 and 110930.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 113800 and 114308).
Supports and resistances:
116950 **
116290 *
115630 **
114970
113591 last
113130
112690 **
111590 *
110930 **
Our preference:
rebound towards 115630.
Alternative scenario:
below 112690, expect 111590 and 110930.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 113800 and 114308).
Supports and resistances:
116950 **
116290 *
115630 **
114970
113591 last
113130
112690 **
111590 *
110930 **
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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