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Bitcoin Intraday: the downside prevails as long as 71360 is resistance
Feb 9, 2026 7:41 AM
the downside prevails as long as 71360 is resistance.
Our pivot point stands at 71360.
Our preference:
the downside prevails as long as 71360 is resistance.
Alternative scenario:
the upside breakout of 71360, would call for 72260 and 72790.
Comment:
the RSI is below 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 70686 and 70715).
Supports and resistances:
72790 **
72260 *
71360 **
71010
70389 last
69330
68810 **
68280 *
67750 **
Our preference:
the downside prevails as long as 71360 is resistance.
Alternative scenario:
the upside breakout of 71360, would call for 72260 and 72790.
Comment:
the RSI is below 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 70686 and 70715).
Supports and resistances:
72790 **
72260 *
71360 **
71010
70389 last
69330
68810 **
68280 *
67750 **
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