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Bitcoin Intraday: under pressure below 69340
Feb 26, 2026 2:01 PM
under pressure below 69340.
Our pivot point stands at 69340.
Our preference:
under pressure below 69340.
Alternative scenario:
the upside breakout of 69340, would call for 70800 and 71670.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68220 and 68205).
Supports and resistances:
71670 **
70800 *
69340 **
68770
67924 last
66120
65260 **
64400 *
63530 **
Our preference:
under pressure below 69340.
Alternative scenario:
the upside breakout of 69340, would call for 70800 and 71670.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68220 and 68205).
Supports and resistances:
71670 **
70800 *
69340 **
68770
67924 last
66120
65260 **
64400 *
63530 **
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