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Bitcoin Intraday: the upside prevails as long as 63250 is support
Jul 10, 2026 4:04 AM
the upside prevails as long as 63250 is support.
Our pivot point stands at 63250.
Our preference:
the upside prevails as long as 63250 is support.
Alternative scenario:
below 63250, expect 62420 and 61930.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63386 and 62996).
Supports and resistances:
65880 *
65380 **
64890
63901 last
63250 **
62420 *
61930 **
Our preference:
the upside prevails as long as 63250 is support.
Alternative scenario:
below 63250, expect 62420 and 61930.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63386 and 62996).
Supports and resistances:
65880 *
65380 **
64890
63901 last
63250 **
62420 *
61930 **
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