Market Analysis of Bitcoin on Friday 22 August 2025

2025-08-22 10:01Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 114560

 

111600 is our pivot point.

 

Our preference:

Rebound towards 114560.

 

Alternative scenario:

Below 111600, expect 110500 and 109840.

 

Comment:

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (112531) but under its 50 period moving average (113263).

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