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Bitcoin Intraday: above its upper Bollinger band

Sep 9, 2025 6:47 AM
the upside prevails as long as 111650 is support.
image
111650 is our pivot point.
Our preference:
the upside prevails as long as 111650 is support.
Alternative scenario:
below 111650, expect 110450 and 109730.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 111941 and 112000). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 112825).
Supports and resistances:
116490 **
115770 *
115050 **
114330
112846 last
112130
111650 **
110450 *
109730 **
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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