Market Analysis of Bitcoin on Friday 24 October 2025

2025-10-24 02:04Source:BtcDana

Bitcoin / Dollar intraday: as long as 108990 is support look for 112590
 
Our pivot point stands at 108990.
 
Our preference:
As long as 108990 is support look for 112590.
 
Alternative scenario:
Below 108990, expect 107600 and 106770.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 110067 and 109393).

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