Bitcoin Intraday: above its upper Bollinger band
Oct 31, 2025 1:04 AM
our next up target stands at 111660.
Our pivot point stands at 108170.
Our preference:
our next up target stands at 111660.
Alternative scenario:
below 108170, expect 106860 and 106080.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107744 and 108983). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (109187).
Supports and resistances:
113220 **
112440 *
111660 **
110880
109201 last
108690
108170 **
106860 *
106080 **
Our preference:
our next up target stands at 111660.
Alternative scenario:
below 108170, expect 106860 and 106080.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107744 and 108983). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (109187).
Supports and resistances:
113220 **
112440 *
111660 **
110880
109201 last
108690
108170 **
106860 *
106080 **
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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