Bitcoin Intraday: the upside prevails as long as 109530 is support
Sep 2, 2025 6:47 AM
the upside prevails as long as 109530 is support.
109530 is our pivot point.
Our preference:
the upside prevails as long as 109530 is support.
Alternative scenario:
below 109530, expect 108370 and 107680.
Comment:
the RSI is above 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 109452 and 109160).
Supports and resistances:
114060 **
113360 *
112670 **
111970
110455 last
109990
109530 **
108370 *
107680 **
Our preference:
the upside prevails as long as 109530 is support.
Alternative scenario:
below 109530, expect 108370 and 107680.
Comment:
the RSI is above 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 109452 and 109160).
Supports and resistances:
114060 **
113360 *
112670 **
111970
110455 last
109990
109530 **
108370 *
107680 **
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