Bitcoin Short Term: below its lower Bollinger band
Nov 4, 2025 11:04 AM
the downside prevails as long as 114740 is resistance.
Our pivot point stands at 114740.
Our preference:
the downside prevails as long as 114740 is resistance.
Alternative scenario:
above 114740, look for 124270 and 129940.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 109522 and 113424). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (104252).
Supports and resistances:
129940 **
124270 *
114740 **
111000
103894 last
92620
87150 **
81670 *
76190 **
Our preference:
the downside prevails as long as 114740 is resistance.
Alternative scenario:
above 114740, look for 124270 and 129940.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 109522 and 113424). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (104252).
Supports and resistances:
129940 **
124270 *
114740 **
111000
103894 last
92620
87150 **
81670 *
76190 **
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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