Bitcoin Intraday: target 108700
Sep 3, 2025 6:47 AM
target 108700.
Our pivot point stands at 111790.
Our preference:
target 108700.
Alternative scenario:
above 111790, look for 112980 and 113680.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (111126) but above its 50 period moving average (110740).
Supports and resistances:
113680 **
112980 *
111790 **
111320
110817 last
109400
108700 **
107990 *
107280 **
Our preference:
target 108700.
Alternative scenario:
above 111790, look for 112980 and 113680.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (111126) but above its 50 period moving average (110740).
Supports and resistances:
113680 **
112980 *
111790 **
111320
110817 last
109400
108700 **
107990 *
107280 **
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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