Bitcoin Intraday: the upside prevails as long as 123030 is support
Oct 6, 2025 2:02 AM
the upside prevails as long as 123030 is support.
Our pivot point stands at 123030.
Our preference:
the upside prevails as long as 123030 is support.
Alternative scenario:
below 123030, expect 121720 and 120930.
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 123234 and 123565).
Supports and resistances:
127990 **
127210 *
126430 **
125640
124070 last
123550
123030 **
121720 *
120930 **
Our preference:
the upside prevails as long as 123030 is support.
Alternative scenario:
below 123030, expect 121720 and 120930.
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 123234 and 123565).
Supports and resistances:
127990 **
127210 *
126430 **
125640
124070 last
123550
123030 **
121720 *
120930 **
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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