Market Analysis of Bitcoin on Friday 17 October 2025

2025-10-17 02:16Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 110700
 
Our pivot point is at 106910.
 
Our preference:
Rebound towards 110700.
 
Alternative scenario:
Below 106910, expect 105500 and 104660.
 
Comment:
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108475 and 110076).

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