Bitcoin Intraday: our next up target stands at 111320
Sep 2, 2025 12:02 AM
our next up target stands at 111320.
Our pivot point stands at 108230.
Our preference:
our next up target stands at 111320.
Alternative scenario:
below 108230, expect 107080 and 106400.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 108801 and 108602).
Supports and resistances:
112690 **
112000 *
111320 **
110630
109138 last
108690
108230 **
107080 *
106400 **
Our preference:
our next up target stands at 111320.
Alternative scenario:
below 108230, expect 107080 and 106400.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 108801 and 108602).
Supports and resistances:
112690 **
112000 *
111320 **
110630
109138 last
108690
108230 **
107080 *
106400 **
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
89800.41
1599.449999999997
+181.30%
