Bitcoin Intraday: the downside prevails as long as 63460 is resistance
Jun 5, 2026 8:49 AM
the downside prevails as long as 63460 is resistance.

63460 is our pivot point.
Our preference:
the downside prevails as long as 63460 is resistance.
Alternative scenario:
the upside breakout of 63460, would call for 64190 and 64630.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62886 and 63195).
Supports and resistances:
64630 **
64190 *
63460 **
62496 last
61570
61140 **
60710 *
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