Bitcoin Short Term: the upside prevails as long as 108770 is support
Sep 16, 2025 10:04 AM
the upside prevails as long as 108770 is support.
Our pivot point stands at 108770.
Our preference:
the upside prevails as long as 108770 is support.
Alternative scenario:
the downside breakout of 108770 would call for 100840 and 96120.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112215 and 114353).
Supports and resistances:
139780 **
135020 *
130260 **
125500
115429 last
111890
108770 **
100840 *
96120 **
Our preference:
the upside prevails as long as 108770 is support.
Alternative scenario:
the downside breakout of 108770 would call for 100840 and 96120.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112215 and 114353).
Supports and resistances:
139780 **
135020 *
130260 **
125500
115429 last
111890
108770 **
100840 *
96120 **
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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