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Bitcoin Intraday: the downside prevails as long as 66740 is resistance
Jun 16, 2026 4:05 AM
the downside prevails as long as 66740 is resistance.
66740 is our pivot point.
Our preference:
the downside prevails as long as 66740 is resistance.
Alternative scenario:
the upside breakout of 66740, would call for 67510 and 67960.
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 stands below its 20 and 50 period moving average (respectively at 66250 and 66221).
Supports and resistances:
67960 **
67510 *
66740 **
66135 last
65200
64740 **
64280 *
Our preference:
the downside prevails as long as 66740 is resistance.
Alternative scenario:
the upside breakout of 66740, would call for 67510 and 67960.
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 stands below its 20 and 50 period moving average (respectively at 66250 and 66221).
Supports and resistances:
67960 **
67510 *
66740 **
66135 last
65200
64740 **
64280 *
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