Bitcoin Intraday: the upside prevails as long as 120460 is support
Oct 10, 2025 12:59 PM
the upside prevails as long as 120460 is support.
120460 is our pivot point.
Our preference:
the upside prevails as long as 120460 is support.
Alternative scenario:
the downside breakout of 120460 would call for 119130 and 118330.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 121433 and 121483).
Supports and resistances:
125560 **
124770 *
123970 **
123180
121590 last
120990
120460 **
119130 *
118330 **
Our preference:
the upside prevails as long as 120460 is support.
Alternative scenario:
the downside breakout of 120460 would call for 119130 and 118330.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 121433 and 121483).
Supports and resistances:
125560 **
124770 *
123970 **
123180
121590 last
120990
120460 **
119130 *
118330 **
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%
