Market Analysis of Bitcoin on Wednesday 24 September 2025

2025-09-24 02:00Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 114010
 
Our pivot point stands at 111090.
 
Our preference:
Rebound towards 114010.
 
Alternative scenario:
The downside breakout of 111090 would call for 109970 and 109300.
 
Comment:
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 112211 and 112554).

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