Market Analysis of Bitcoin on Thursday 21 August 2025

2025-08-21 10:02Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 113320 is support

 

Our pivot point stands at 113320.

 

Our preference:

The upside prevails as long as 113320 is support.

 

Alternative scenario:

Below 113320, expect 112200 and 111530.

 

Comment:

The RSI is above 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 114054 and 113706).

Analyst Views Chart

More