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Bitcoin Intraday: our next up target stands at 124100

Oct 10, 2025 6:47 AM
our next up target stands at 124100.
image
120480 is our pivot point.
Our preference:
our next up target stands at 124100.
Alternative scenario:
below 120480, expect 119150 and 118360.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 121534 and 121612).
Supports and resistances:
125690 **
124890 *
124100 **
123300
121712 last
121010
120480 **
119150 *
118360 **
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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