Bitcoin Intraday: above its upper Bollinger band
Oct 9, 2025 12:59 PM
the upside prevails as long as 121910 is support.
Our pivot point stands at 121910.
Our preference:
the upside prevails as long as 121910 is support.
Alternative scenario:
the downside breakout of 121910 would call for 120560 and 119760.
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 above its 20 and 50 period moving average (respectively at 122143 and 122647). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (123266).
Supports and resistances:
127800 **
126990 *
126180 **
125370
123626 last
122440
121910 **
120560 *
119760 **
Our preference:
the upside prevails as long as 121910 is support.
Alternative scenario:
the downside breakout of 121910 would call for 120560 and 119760.
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 above its 20 and 50 period moving average (respectively at 122143 and 122647). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (123266).
Supports and resistances:
127800 **
126990 *
126180 **
125370
123626 last
122440
121910 **
120560 *
119760 **
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