Bitcoin Intraday: the downside prevails as long as 70310 is resistance
Feb 5, 2026 2:01 PM
the downside prevails as long as 70310 is resistance.
Our pivot point is at 70310.
Our preference:
the downside prevails as long as 70310 is resistance.
Alternative scenario:
above 70310, look for 71190 and 71710.
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 stands below its 20 and 50 period moving average (respectively at 70533 and 72120).
Supports and resistances:
71710 **
71190 *
70310 **
69960
69507 last
68100
67580 **
67060 *
66540 **
Our preference:
the downside prevails as long as 70310 is resistance.
Alternative scenario:
above 70310, look for 71190 and 71710.
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 stands below its 20 and 50 period moving average (respectively at 70533 and 72120).
Supports and resistances:
71710 **
71190 *
70310 **
69960
69507 last
68100
67580 **
67060 *
66540 **
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