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Bitcoin Intraday: the downside prevails as long as 69580 is resistance
Mar 22, 2026 8:14 PM
the downside prevails as long as 69580 is resistance.
69580 is our pivot point.
Our preference:
the downside prevails as long as 69580 is resistance.
Alternative scenario:
above 69580, look for 71180 and 72140.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68625 and 69082).
Supports and resistances:
72140 **
71180 *
69580 **
68319 last
66280
65330 **
64380 *
Our preference:
the downside prevails as long as 69580 is resistance.
Alternative scenario:
above 69580, look for 71180 and 72140.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68625 and 69082).
Supports and resistances:
72140 **
71180 *
69580 **
68319 last
66280
65330 **
64380 *
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