Bitcoin Intraday: under pressure below 116000
Sep 16, 2025 2:02 AM
under pressure below 116000.
116000 is our pivot point.
Our preference:
under pressure below 116000.
Alternative scenario:
the upside breakout of 116000, would call for 117150 and 117830.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115195 and 115284).
Supports and resistances:
117830 **
117150 *
116000 **
115550
115094 last
113720
113040 **
112360 *
111670 **
Our preference:
under pressure below 116000.
Alternative scenario:
the upside breakout of 116000, would call for 117150 and 117830.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115195 and 115284).
Supports and resistances:
117830 **
117150 *
116000 **
115550
115094 last
113720
113040 **
112360 *
111670 **
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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