Bitcoin Intraday: the downside prevails as long as 108020 is resistance
Oct 30, 2025 8:14 PM
the downside prevails as long as 108020 is resistance.
Our pivot point is at 108020.
Our preference:
the downside prevails as long as 108020 is resistance.
Alternative scenario:
above 108020, look for 109300 and 110070.
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 is trading under both its 20 and 50 period moving average (respectively at 108019 and 109546).
Supports and resistances:
110070 **
109300 *
108020 **
107510
106891 last
104790
104030 **
103270 *
102510 **
Our preference:
the downside prevails as long as 108020 is resistance.
Alternative scenario:
above 108020, look for 109300 and 110070.
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 is trading under both its 20 and 50 period moving average (respectively at 108019 and 109546).
Supports and resistances:
110070 **
109300 *
108020 **
107510
106891 last
104790
104030 **
103270 *
102510 **
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
86616.98
755.8000000000029
+88.00%
