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Bitcoin Intraday: the downside prevails as long as 71870 is resistance
Apr 9, 2026 2:04 AM
the downside prevails as long as 71870 is resistance.
71870 is our pivot point.
Our preference:
the downside prevails as long as 71870 is resistance.
Alternative scenario:
above 71870, look for 72970 and 73630.
Comment:
the RSI is below its neutrality area at 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 71244 and 71459).
Supports and resistances:
73630 **
72970 *
71870 **
70972 last
69600
68950 **
68290 *
Our preference:
the downside prevails as long as 71870 is resistance.
Alternative scenario:
above 71870, look for 72970 and 73630.
Comment:
the RSI is below its neutrality area at 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 71244 and 71459).
Supports and resistances:
73630 **
72970 *
71870 **
70972 last
69600
68950 **
68290 *
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