Bitcoin Intraday: below its lower Bollinger band
Nov 4, 2025 7:02 AM
the downside prevails as long as 105930 is resistance.
105930 is our pivot point.
Our preference:
the downside prevails as long as 105930 is resistance.
Alternative scenario:
the upside breakout of 105930, would call for 107190 and 107940.
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 106284 and 106843). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (104621).
Supports and resistances:
107940 **
107190 *
105930 **
105430
104592 last
102960
102210 **
101460 *
100720 **
Our preference:
the downside prevails as long as 105930 is resistance.
Alternative scenario:
the upside breakout of 105930, would call for 107190 and 107940.
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 106284 and 106843). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (104621).
Supports and resistances:
107940 **
107190 *
105930 **
105430
104592 last
102960
102210 **
101460 *
100720 **
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
86086.95
-1456.270000000004
-166.30%
