Bitcoin / Dollar intraday: the upside prevails as long as 116,870 is support

$BTC Bitcoin vs US Dollar šŸŖ™

118,722.99

↑ 1.97% šŸ“ˆ

Analysis for: Sunday, Aug 10, 2025, 11:47 AM CET

Our preference

The upside prevails as long as 116,870 is support. šŸ‚

120,720. Resistance šŸ›‘ •••

120,040. Resistance šŸ›‘ ••

119,350. Resistance šŸ›‘ •

117,982. Last ā„¹ļø

116,870. Pivot šŸ”„

116,870. Support āœ… •

115,720. Support āœ… ••

115,040. Support āœ… •••

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 117,267 and 117,071).

Alternative scenario

The downside breakout of 116,870 would call for 115,720 and 115,040.

Current trend

Intraday: ↑ Up 🟢

Short term: ↓ Down (no change) šŸ”“

Medium term: ↑ Up (no change) 🟢

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