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Bitcoin Intraday: as long as 74020 is resistance look for 71770
May 29, 2026 7:14 PM
as long as 74020 is resistance look for 71770.
Our pivot point stands at 74020.
Our preference:
as long as 74020 is resistance look for 71770.
Alternative scenario:
above 74020, look for 74830 and 75310.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 73429 and 73468).
Supports and resistances:
75310 **
74830 *
74020 **
73349 last
72250
71770 **
71290 *
Our preference:
as long as 74020 is resistance look for 71770.
Alternative scenario:
above 74020, look for 74830 and 75310.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 73429 and 73468).
Supports and resistances:
75310 **
74830 *
74020 **
73349 last
72250
71770 **
71290 *
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