Bitcoin Intraday: the downside prevails as long as 111760 is resistance
Sep 4, 2025 8:40 AM
the downside prevails as long as 111760 is resistance.
Our pivot point is at 111760.
Our preference:
the downside prevails as long as 111760 is resistance.
Alternative scenario:
above 111760, look for 112950 and 113650.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 111229 and 111556).
Supports and resistances:
113650 **
112950 *
111760 **
111290
110758 last
109300
108590 **
107890 *
107180 **
Our preference:
the downside prevails as long as 111760 is resistance.
Alternative scenario:
above 111760, look for 112950 and 113650.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 111229 and 111556).
Supports and resistances:
113650 **
112950 *
111760 **
111290
110758 last
109300
108590 **
107890 *
107180 **
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