empty
 
 
22.08.2025 06:49 AM
With the appearance of a Hidden Divergence in Bitcoin, there is potential for continued weakness today. Friday, August 22, 2025.

[Bitcoin] – [Friday, August 22, 2025]

With the two EMAs still crossing in a Death Cross, coupled with the RSI remaining in the Neutral Bullish area but forming a Hidden Divergence with Bitcoin's price movement, this indicates that Bitcoin will weaken again in the near future.

Key Levels

1. Resistance. 2 : 115892.23.

2. Resistance. 1 : 114148.13.

3. Pivot : 113059.83.

4. Support. 1 : 111315.73.

5. Support. 2 : 110227.43.

Tactical Scenario

Pressure Prone Zone: If the Bitcoin price breaks down and closes below 111315.73, it could potentially cause the cryptocurrency to weaken further to 110227.43.

Momentum Extension Bias: If the 110227.43 level is successfully broken and closes below it, Bitcoin will likely head towards 108483.33.

Invalidation Level / Bias Revision

The downside bias is maintained if the Bitcoin price suddenly strengthens and breaks through and closes above 115892.23.

Technical Summary

EMA(50) : 113034.49.

EMA(200): 114381.77.

RSI(14) : 52.78.

Economic News Release Agenda:

There are no economic data releases from the United States today, but there will be a speech by Powell,Chairman of the Fed, at 21:00 WIB, and US President Donald Trump will speak at 23:00 WIB.

This image is no longer relevant

Earn on cryptocurrency rate changes with InstaTrade
Download MetaTrader 4 and open your first trade

Recommended Stories

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.