Bitcoin Intraday: the downside prevails as long as 118200 is resistance
Sep 19, 2025 2:02 AM
the downside prevails as long as 118200 is resistance.
Our pivot point is at 118200.
Our preference:
the downside prevails as long as 118200 is resistance.
Alternative scenario:
the upside breakout of 118200, would call for 119370 and 120060.
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 117439 and 117357).
Supports and resistances:
120060 **
119370 *
118200 **
117740
117282 last
115890
115200 **
114500 *
113810 **
Our preference:
the downside prevails as long as 118200 is resistance.
Alternative scenario:
the upside breakout of 118200, would call for 119370 and 120060.
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 117439 and 117357).
Supports and resistances:
120060 **
119370 *
118200 **
117740
117282 last
115890
115200 **
114500 *
113810 **
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