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Bitcoin Intraday: the downside prevails as long as 63600 is resistance
Jul 6, 2026 8:50 AM
the downside prevails as long as 63600 is resistance.
Our pivot point stands at 63600.
Our preference:
the downside prevails as long as 63600 is resistance.
Alternative scenario:
the upside breakout of 63600, would call for 64380 and 64850.
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 63240 and 62952).
Supports and resistances:
64850 **
64380 *
63600 **
62857 last
61840
61380 **
60920 *
Our preference:
the downside prevails as long as 63600 is resistance.
Alternative scenario:
the upside breakout of 63600, would call for 64380 and 64850.
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 63240 and 62952).
Supports and resistances:
64850 **
64380 *
63600 **
62857 last
61840
61380 **
60920 *
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