Bitcoin Intraday: the downside prevails as long as 63370 is resistance
Jul 8, 2026 4:04 AM
the downside prevails as long as 63370 is resistance.

63370 is our pivot point.
Our preference:
the downside prevails as long as 63370 is resistance.
Alternative scenario:
the upside breakout of 63370, would call for 64180 and 64660.
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 63333 and 63345).
Supports and resistances:
64660 **
64180 *
63370 **
62695 last
61720
61240 **
60760 *
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