Bitcoin Intraday: rebound towards 115030
Aug 20, 2025 12:02 AM
rebound towards 115030.
Our pivot point stands at 111960.
Our preference:
rebound towards 115030.
Alternative scenario:
the downside breakout of 111960 would call for 110850 and 110190.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113377 and 114620).
Supports and resistances:
116350 **
115690 *
115030 **
114360
113014 last
112390
111960 **
110850 *
110190 **
Our preference:
rebound towards 115030.
Alternative scenario:
the downside breakout of 111960 would call for 110850 and 110190.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113377 and 114620).
Supports and resistances:
116350 **
115690 *
115030 **
114360
113014 last
112390
111960 **
110850 *
110190 **
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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