Bitcoin Intraday: the upside prevails as long as 105950 is support
Oct 17, 2025 9:09 PM
the upside prevails as long as 105950 is support.
105950 is our pivot point.
Our preference:
the upside prevails as long as 105950 is support.
Alternative scenario:
the downside breakout of 105950 would call for 104560 and 103730.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 106267 and 106982).
Supports and resistances:
111490 **
110660 *
109830 **
109000
107333 last
106500
105950 **
104560 *
103730 **
Our preference:
the upside prevails as long as 105950 is support.
Alternative scenario:
the downside breakout of 105950 would call for 104560 and 103730.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 106267 and 106982).
Supports and resistances:
111490 **
110660 *
109830 **
109000
107333 last
106500
105950 **
104560 *
103730 **
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