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Bitcoin Intraday: the downside prevails as long as 65250 is resistance
Feb 28, 2026 7:41 AM
the downside prevails as long as 65250 is resistance.
65250 is our pivot point.
Our preference:
the downside prevails as long as 65250 is resistance.
Alternative scenario:
the upside breakout of 65250, would call for 66620 and 67430.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65388 and 65905).
Supports and resistances:
67430 **
66620 *
65250 **
64710
64168 last
61850
61050 **
60240 *
59430 **
Our preference:
the downside prevails as long as 65250 is resistance.
Alternative scenario:
the upside breakout of 65250, would call for 66620 and 67430.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65388 and 65905).
Supports and resistances:
67430 **
66620 *
65250 **
64710
64168 last
61850
61050 **
60240 *
59430 **
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