Bitcoin Intraday: as long as 70050 is resistance look for 66870

Our pivot point stands at 70050.

Our preference: as long as 70050 is resistance look for 66870.

Alternative scenario: above 70050, look for 71260 and 71990.

Comment: the RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands above its 20 period moving average (69028) but below its 50 period moving average (69143).

Supports and resistances:
71990 **
71260 *
70050 **
69570
69065 last
67590
66870 **
66140 *
65420 **