Bitcoin Intraday: above its upper Bollinger band

Oct 6, 2025 12:59 PM

the upside prevails as long as 123300 is support.

Our pivot point stands at 123300.
Our preference:
the upside prevails as long as 123300 is support.
Alternative scenario:
the downside breakout of 123300 would call for 121980 and 121190.
Comment:
the RSI is above its neutrality area at 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 123962 and 123517). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (124549).
Supports and resistances:
128520 **
127730 *
126940 **
126150
124575 last
123820
123300 **
121980 *
121190 **

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