Bitcoin Intraday: the downside prevails as long as 122210 is resistance
Oct 10, 2025 4:02 AM
the downside prevails as long as 122210 is resistance.
Our pivot point stands at 122210.
Our preference:
the downside prevails as long as 122210 is resistance.
Alternative scenario:
the upside breakout of 122210, would call for 123540 and 124330.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 121400 and 121668).
Supports and resistances:
124330 **
123540 *
122210 **
121680
121162 last
119580
118790 **
117990 *
117200 **
Our preference:
the downside prevails as long as 122210 is resistance.
Alternative scenario:
the upside breakout of 122210, would call for 123540 and 124330.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 121400 and 121668).
Supports and resistances:
124330 **
123540 *
122210 **
121680
121162 last
119580
118790 **
117990 *
117200 **
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
88263.72
22.119999999995343
+2.50%
