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Bitcoin Intraday: target 122380

Oct 7, 2025 12:02 AM
target 122380.
image
125810 is our pivot point.
Our preference:
target 122380.
Alternative scenario:
above 125810, look for 127130 and 127920.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (125195) but above its 50 period moving average (124491).
Supports and resistances:
127920 **
127130 *
125810 **
125290
124746 last
123170
122380 **
121590 *
120800 **
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