Bitcoin Intraday: the upside prevails as long as 85860 is support
Dec 2, 2025 7:41 AM
the upside prevails as long as 85860 is support.
Our pivot point stands at 85860.
Our preference:
the upside prevails as long as 85860 is support.
Alternative scenario:
the downside breakout of 85860 would call for 84520 and 83730.
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 above its 20 and 50 period moving average (respectively at 86735 and 86157).
Supports and resistances:
91010 **
90210 *
89420 **
88620
87028 last
86380
85860 **
84520 *
83730 **
Our preference:
the upside prevails as long as 85860 is support.
Alternative scenario:
the downside breakout of 85860 would call for 84520 and 83730.
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 above its 20 and 50 period moving average (respectively at 86735 and 86157).
Supports and resistances:
91010 **
90210 *
89420 **
88620
87028 last
86380
85860 **
84520 *
83730 **
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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