Bitcoin Intraday: the upside prevails as long as 122850 is support
Oct 6, 2025 6:47 AM
the upside prevails as long as 122850 is support.
122850 is our pivot point.
Our preference:
the upside prevails as long as 122850 is support.
Alternative scenario:
below 122850, expect 121530 and 120750.
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 123629 and 123524).
Supports and resistances:
128080 **
127300 *
126510 **
125730
124030 last
123360
122850 **
121530 *
120750 **
Our preference:
the upside prevails as long as 122850 is support.
Alternative scenario:
below 122850, expect 121530 and 120750.
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 123629 and 123524).
Supports and resistances:
128080 **
127300 *
126510 **
125730
124030 last
123360
122850 **
121530 *
120750 **
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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