Bitcoin Short Term: our next up target stands at 131640
Oct 28, 2025 11:05 AM
our next up target stands at 131640.
Our pivot point stands at 106130.
Our preference:
our next up target stands at 131640.
Alternative scenario:
the downside breakout of 106130 would call for 96680 and 91050.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 111637 and 114353).
Supports and resistances:
143000 **
137320 *
131640 **
125960
114580 last
109850
106130 **
96680 *
91050 **
Our preference:
our next up target stands at 131640.
Alternative scenario:
the downside breakout of 106130 would call for 96680 and 91050.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 111637 and 114353).
Supports and resistances:
143000 **
137320 *
131640 **
125960
114580 last
109850
106130 **
96680 *
91050 **
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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