Bitcoin Intraday: the downside prevails as long as 88410 is resistance
Dec 31, 2025 8:15 PM
the downside prevails as long as 88410 is resistance.
Our pivot point is at 88410.
Our preference:
the downside prevails as long as 88410 is resistance.
Alternative scenario:
the upside breakout of 88410, would call for 89670 and 90420.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 88118 and 88259).
Supports and resistances:
90420 **
89670 *
88410 **
87920
87300 last
85790
85040 **
84290 *
83540 **
Our preference:
the downside prevails as long as 88410 is resistance.
Alternative scenario:
the upside breakout of 88410, would call for 89670 and 90420.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 88118 and 88259).
Supports and resistances:
90420 **
89670 *
88410 **
87920
87300 last
85790
85040 **
84290 *
83540 **
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