Bitcoin Intraday: under pressure below 116680
Aug 19, 2025 2:02 AM
under pressure below 116680.
Our pivot point stands at 116680.
Our preference:
under pressure below 116680.
Alternative scenario:
above 116680, look for 117730 and 118350.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. 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 116394 and 115830).
Supports and resistances:
118350 **
117730 *
116680 **
116260
115820 last
114570
113940 **
113320 *
112690 **
Our preference:
under pressure below 116680.
Alternative scenario:
above 116680, look for 117730 and 118350.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. 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 116394 and 115830).
Supports and resistances:
118350 **
117730 *
116680 **
116260
115820 last
114570
113940 **
113320 *
112690 **
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
87614.77
-706.2599999999948
-80.00%
