Bitcoin / Dollar intraday: below its lower Bollinger band
$BTC Bitcoin vs US Dollar šŖ
119,987.86
ā 0.58%
Analysis for: Monday, Aug 11, 2025.
Our preference
Under pressure below 121,120. š
122,980. Resistance š ā¢ā¢ā¢
122,290. Resistance š ā¢ā¢
121,120. Resistance š ā¢
119,551. Last ā¹ļø
121,120. Pivot š
118,150. Support ā ā¢
117,460. Support ā ā¢ā¢
116,760. Support ā ā¢ā¢ā¢
Comment
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 121,396 and 119,927). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (119,980).
Alternative scenario
The upside breakout of 121,120 would call for 122,290 and 122,980. š
Current trend
Intraday: ā Down š“
Short term: ā Down (no change) š“
Medium term: ā Up (no change) š¢
