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Bitcoin Intraday: the downside prevails as long as 72070 is resistance
Apr 8, 2026 11:28 PM
the downside prevails as long as 72070 is resistance.
Our pivot point stands at 72070.
Our preference:
the downside prevails as long as 72070 is resistance.
Alternative scenario:
the upside breakout of 72070, would call for 73180 and 73840.
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 71364 and 71574).
Supports and resistances:
73840 **
73180 *
72070 **
71000 last
69600
68940 **
68280 *
Our preference:
the downside prevails as long as 72070 is resistance.
Alternative scenario:
the upside breakout of 72070, would call for 73180 and 73840.
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 71364 and 71574).
Supports and resistances:
73840 **
73180 *
72070 **
71000 last
69600
68940 **
68280 *
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