Bitcoin Intraday: the downside prevails as long as 109580 is resistance
Oct 22, 2025 4:12 AM
the downside prevails as long as 109580 is resistance.
109580 is our pivot point.
Our preference:
the downside prevails as long as 109580 is resistance.
Alternative scenario:
above 109580, look for 110950 and 111770.
Comment:
the RSI is below its neutrality area at 50. 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 109497 and 109473).
Supports and resistances:
111770 **
110950 *
109580 **
109050
108485 last
106580
105770 **
104950 *
104140 **
Our preference:
the downside prevails as long as 109580 is resistance.
Alternative scenario:
above 109580, look for 110950 and 111770.
Comment:
the RSI is below its neutrality area at 50. 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 109497 and 109473).
Supports and resistances:
111770 **
110950 *
109580 **
109050
108485 last
106580
105770 **
104950 *
104140 **
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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