Bitcoin Intraday: above its upper Bollinger band
Oct 8, 2025 8:40 AM
our next up target stands at 124920.
Our pivot point stands at 120820.
Our preference:
our next up target stands at 124920.
Alternative scenario:
below 120820, expect 119480 and 118680.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 121742 and 122400). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (122389).
Supports and resistances:
126520 **
125720 *
124920 **
124120
122472 last
121340
120820 **
119480 *
118680 **
Our preference:
our next up target stands at 124920.
Alternative scenario:
below 120820, expect 119480 and 118680.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 121742 and 122400). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (122389).
Supports and resistances:
126520 **
125720 *
124920 **
124120
122472 last
121340
120820 **
119480 *
118680 **
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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