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Bitcoin Intraday: the downside prevails as long as 69700 is resistance
Mar 22, 2026 11:24 PM
the downside prevails as long as 69700 is resistance.
Our pivot point stands at 69700.
Our preference:
the downside prevails as long as 69700 is resistance.
Alternative scenario:
the upside breakout of 69700, would call for 71310 and 72260.
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 68482 and 68809).
Supports and resistances:
72260 **
71310 *
69700 **
68149 last
66250
65300 **
64340 *
Our preference:
the downside prevails as long as 69700 is resistance.
Alternative scenario:
the upside breakout of 69700, would call for 71310 and 72260.
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 68482 and 68809).
Supports and resistances:
72260 **
71310 *
69700 **
68149 last
66250
65300 **
64340 *
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