Bitcoin Intraday: the downside prevails as long as 114340 is resistance
Oct 28, 2025 11:13 PM
the downside prevails as long as 114340 is resistance.
114340 is our pivot point.
Our preference:
the downside prevails as long as 114340 is resistance.
Alternative scenario:
above 114340, look for 115700 and 116510.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 114282 and 114239).
Supports and resistances:
116510 **
115700 *
114340 **
113800
113090 last
111420
110610 **
109800 *
109000 **
Our preference:
the downside prevails as long as 114340 is resistance.
Alternative scenario:
above 114340, look for 115700 and 116510.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 114282 and 114239).
Supports and resistances:
116510 **
115700 *
114340 **
113800
113090 last
111420
110610 **
109800 *
109000 **
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.
Related Instruments
Bitcoin
86264.68
403.5
+47.00%
