Bitcoin Intraday: the upside prevails as long as 94740 is support
Nov 16, 2025 7:41 AM
the upside prevails as long as 94740 is support.
Our pivot point is at 94740.
Our preference:
the upside prevails as long as 94740 is support.
Alternative scenario:
the downside breakout of 94740 would call for 93430 and 92640.
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 95656 and 95799).
Supports and resistances:
99800 **
99020 *
98230 **
97450
95870 last
95250
94740 **
93430 *
92640 **
Our preference:
the upside prevails as long as 94740 is support.
Alternative scenario:
the downside breakout of 94740 would call for 93430 and 92640.
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 95656 and 95799).
Supports and resistances:
99800 **
99020 *
98230 **
97450
95870 last
95250
94740 **
93430 *
92640 **
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