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Bitcoin Intraday: the downside prevails as long as 69480 is resistance
Feb 17, 2026 7:41 AM
the downside prevails as long as 69480 is resistance.
Our pivot point is at 69480.
Our preference:
the downside prevails as long as 69480 is resistance.
Alternative scenario:
above 69480, look for 70910 and 71760.
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 68561 and 68484).
Supports and resistances:
71760 **
70910 *
69480 **
68920
68360 last
66460
65610 **
64770 *
63920 **
Our preference:
the downside prevails as long as 69480 is resistance.
Alternative scenario:
above 69480, look for 70910 and 71760.
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 68561 and 68484).
Supports and resistances:
71760 **
70910 *
69480 **
68920
68360 last
66460
65610 **
64770 *
63920 **
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