Bitcoin Intraday: rebound towards 110750
Aug 29, 2025 7:50 PM
rebound towards 110750.
Our pivot point stands at 107490.
Our preference:
rebound towards 110750.
Alternative scenario:
the downside breakout of 107490 would call for 106350 and 105670.
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 109112 and 110526).
Supports and resistances:
112110 **
111430 *
110750 **
110070
108587 last
107940
107490 **
106350 *
105670 **
Our preference:
rebound towards 110750.
Alternative scenario:
the downside breakout of 107490 would call for 106350 and 105670.
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 109112 and 110526).
Supports and resistances:
112110 **
111430 *
110750 **
110070
108587 last
107940
107490 **
106350 *
105670 **
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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