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Bitcoin Short Term: up turn

Dec 8, 2025 7:53 AM
long positions above 79020 with targets at 98610 & 107230 in extension.
image
Pivot: 79020
Our preference:
long positions above 79020 with targets at 98610 & 107230 in extension.
Alternative scenario:
below 79020 look for further downside with 74300 & 69890 as targets.
Comment:
the RSI is negative but supported by a strong support.
Supports and resistances:
114550
107230
98610
91828 Last
79020
74300
69890
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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