Market Analysis of Bitcoin on Tuesday 21 October 2025

2025-10-21 02:01Source:BtcDana

Bitcoin / Dollar intraday: target 108700
 
111720 is our pivot point.
 
Our preference:
Target 108700.
 
Alternative scenario:
Above 111720, look for 112830 and 113490.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (110891) but above its 50 period moving average (110407).

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