Bitcoin Intraday: target 109630
Sep 4, 2025 12:02 AM
target 109630.
Our pivot point stands at 112710.
Our preference:
target 109630.
Alternative scenario:
the upside breakout of 112710, would call for 113910 and 114620.
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 below its 20 period moving average (112065) but above its 50 period moving average (111537).
Supports and resistances:
114620 **
113910 *
112710 **
112240
111771 last
110340
109630 **
108920 *
108200 **
Our preference:
target 109630.
Alternative scenario:
the upside breakout of 112710, would call for 113910 and 114620.
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 below its 20 period moving average (112065) but above its 50 period moving average (111537).
Supports and resistances:
114620 **
113910 *
112710 **
112240
111771 last
110340
109630 **
108920 *
108200 **
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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Bitcoin
89966.61
1765.6499999999942
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