Bitcoin Intraday: the upside prevails as long as 108020 is support
Sep 1, 2025 1:01 PM
the upside prevails as long as 108020 is support.
Our pivot point stands at 108020.
Our preference:
the upside prevails as long as 108020 is support.
Alternative scenario:
below 108020, expect 106870 and 106190.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 108526 and 108568).
Supports and resistances:
112540 **
111860 *
111170 **
110490
109063 last
108470
108020 **
106870 *
106190 **
Our preference:
the upside prevails as long as 108020 is support.
Alternative scenario:
below 108020, expect 106870 and 106190.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 108526 and 108568).
Supports and resistances:
112540 **
111860 *
111170 **
110490
109063 last
108470
108020 **
106870 *
106190 **
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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