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Bitcoin Intraday: the downside prevails as long as 68530 is resistance
Feb 22, 2026 8:14 PM
the downside prevails as long as 68530 is resistance.
Our pivot point stands at 68530.
Our preference:
the downside prevails as long as 68530 is resistance.
Alternative scenario:
above 68530, look for 69940 and 70780.
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 67656 and 67905).
Supports and resistances:
70780 **
69940 *
68530 **
67970
67341 last
65660
64820 **
63980 *
63140 **
Our preference:
the downside prevails as long as 68530 is resistance.
Alternative scenario:
above 68530, look for 69940 and 70780.
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 67656 and 67905).
Supports and resistances:
70780 **
69940 *
68530 **
67970
67341 last
65660
64820 **
63980 *
63140 **
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