Bitcoin Intraday: our next up target stands at 114420
Oct 16, 2025 3:29 AM
our next up target stands at 114420.
Our pivot point is at 110360.
Our preference:
our next up target stands at 114420.
Alternative scenario:
below 110360, expect 108910 and 108050.
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 111163 and 111681).
Supports and resistances:
116150 **
115290 *
114420 **
113560
111754 last
110930
110360 **
108910 *
108050 **
Our preference:
our next up target stands at 114420.
Alternative scenario:
below 110360, expect 108910 and 108050.
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 111163 and 111681).
Supports and resistances:
116150 **
115290 *
114420 **
113560
111754 last
110930
110360 **
108910 *
108050 **
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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Bitcoin
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