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Bitcoin Intraday: the downside prevails as long as 63720 is resistance
Jun 8, 2026 11:34 PM
the downside prevails as long as 63720 is resistance.
Our pivot point is at 63720.
Our preference:
the downside prevails as long as 63720 is resistance.
Alternative scenario:
above 63720, look for 64460 and 64890.
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 63541 and 63329).
Supports and resistances:
64890 **
64460 *
63720 **
63051 last
62180
61740 **
61310 *
Our preference:
the downside prevails as long as 63720 is resistance.
Alternative scenario:
above 63720, look for 64460 and 64890.
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 63541 and 63329).
Supports and resistances:
64890 **
64460 *
63720 **
63051 last
62180
61740 **
61310 *
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