Bitcoin Intraday: the upside prevails as long as 124310 is support
Oct 6, 2025 7:50 PM
the upside prevails as long as 124310 is support.
Our pivot point stands at 124310.
Our preference:
the upside prevails as long as 124310 is support.
Alternative scenario:
below 124310, expect 122980 and 122190.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 124980 and 124118).
Supports and resistances:
129810 **
129020 *
128220 **
127420
125421 last
124840
124310 **
122980 *
122190 **
Our preference:
the upside prevails as long as 124310 is support.
Alternative scenario:
below 124310, expect 122980 and 122190.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 124980 and 124118).
Supports and resistances:
129810 **
129020 *
128220 **
127420
125421 last
124840
124310 **
122980 *
122190 **
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.
Related Instruments
Bitcoin
88223.93
-17.670000000012806
-2.00%
