Bitcoin Intraday: as long as 122720 is support look for 126180
Oct 6, 2025 8:40 AM
as long as 122720 is support look for 126180.
122720 is our pivot point.
Our preference:
as long as 122720 is support look for 126180.
Alternative scenario:
the downside breakout of 122720 would call for 121400 and 120620.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 123771 and 123429).
Supports and resistances:
127750 **
126960 *
126180 **
125400
123798 last
123240
122720 **
121400 *
120620 **
Our preference:
as long as 122720 is support look for 126180.
Alternative scenario:
the downside breakout of 122720 would call for 121400 and 120620.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 123771 and 123429).
Supports and resistances:
127750 **
126960 *
126180 **
125400
123798 last
123240
122720 **
121400 *
120620 **
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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