Bitcoin Intraday: the downside prevails as long as 63900 is resistance
Jul 7, 2026 10:58 AM
the downside prevails as long as 63900 is resistance.

Our pivot point stands at 63900.
Our preference:
the downside prevails as long as 63900 is resistance.
Alternative scenario:
the upside breakout of 63900, would call for 64710 and 65200.
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 63227 and 63249).
Supports and resistances:
65200 **
64710 *
63900 **
63202 last
62200
61710 **
61230 *
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