Bitcoin Intraday: the upside prevails as long as 107910 is support

Aug 30, 2025 7:47 PM

the upside prevails as long as 107910 is support.

107910 is our pivot point.
Our preference:
the upside prevails as long as 107910 is support.
Alternative scenario:
below 107910, expect 106760 and 106080.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108672 and 108435).
Supports and resistances:
112320 **
111640 *
110950 **
110270
108857 last
108360
107910 **
106760 *
106080 **

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