Bitcoin Intraday: the upside prevails as long as 108950 is support
Oct 31, 2025 9:41 AM
the upside prevails as long as 108950 is support.
108950 is our pivot point.
Our preference:
the upside prevails as long as 108950 is support.
Alternative scenario:
below 108950, expect 107630 and 106840.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 109566 and 108742).
Supports and resistances:
113960 **
113170 *
112380 **
111590
109989 last
109470
108950 **
107630 *
106840 **
Our preference:
the upside prevails as long as 108950 is support.
Alternative scenario:
below 108950, expect 107630 and 106840.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 109566 and 108742).
Supports and resistances:
113960 **
113170 *
112380 **
111590
109989 last
109470
108950 **
107630 *
106840 **
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
86156.61
295.43000000000757
+34.40%
