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 **

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