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Bitcoin Intraday: the downside prevails as long as 66430 is resistance
Jun 16, 2026 7:14 PM
the downside prevails as long as 66430 is resistance.
Our pivot point stands at 66430.
Our preference:
the downside prevails as long as 66430 is resistance.
Alternative scenario:
the upside breakout of 66430, would call for 67260 and 67760.
Comment:
the RSI is below 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 66016 and 66166).
Supports and resistances:
67760 **
67260 *
66430 **
65644 last
64620
64120 **
63630 *
Our preference:
the downside prevails as long as 66430 is resistance.
Alternative scenario:
the upside breakout of 66430, would call for 67260 and 67760.
Comment:
the RSI is below 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 66016 and 66166).
Supports and resistances:
67760 **
67260 *
66430 **
65644 last
64620
64120 **
63630 *
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