Bitcoin Intraday: the downside prevails as long as 113140 is resistance
Oct 14, 2025 8:41 AM
the downside prevails as long as 113140 is resistance.
113140 is our pivot point.
Our preference:
the downside prevails as long as 113140 is resistance.
Alternative scenario:
above 113140, look for 114370 and 115110.
Comment:
the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113498 and 114415).
Supports and resistances:
115110 **
114370 *
113140 **
112660
112160 last
110540
109800 **
109070 *
108340 **
Our preference:
the downside prevails as long as 113140 is resistance.
Alternative scenario:
above 113140, look for 114370 and 115110.
Comment:
the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113498 and 114415).
Supports and resistances:
115110 **
114370 *
113140 **
112660
112160 last
110540
109800 **
109070 *
108340 **
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