Bitcoin Short Term: the downside prevails

Oct 20, 2025 6:42 AM

short positions below 123630 with targets at 99280 & 93320 in extension.

Pivot: 123630
Our preference:
short positions below 123630 with targets at 99280 & 93320 in extension.
Alternative scenario:
above 123630 look for further upside with 134040 & 140230 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
140230
134040
123630
111252 Last
99280
93320
87350

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