Bitcoin Short Term: the downside prevails as long as 123630 is resistance
Oct 14, 2025 10:05 AM
the downside prevails as long as 123630 is resistance.
123630 is our pivot point.
Our preference:
the downside prevails as long as 123630 is resistance.
Alternative scenario:
above 123630, look for 134040 and 140230.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 116652 and 114403).
Supports and resistances:
140230 **
134040 *
123630 **
119540
111320 last
99280
93320 **
87350 *
81390 **
Our preference:
the downside prevails as long as 123630 is resistance.
Alternative scenario:
above 123630, look for 134040 and 140230.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 116652 and 114403).
Supports and resistances:
140230 **
134040 *
123630 **
119540
111320 last
99280
93320 **
87350 *
81390 **
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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