Bitcoin Intraday: the RSI is oversold
Dec 15, 2025 8:14 PM
the downside prevails as long as 87180 is resistance.
Our pivot point stands at 87180.
Our preference:
the downside prevails as long as 87180 is resistance.
Alternative scenario:
the upside breakout of 87180, would call for 88480 and 89260.
Comment:
the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87693 and 88574).
Supports and resistances:
89260 **
88480 *
87180 **
86670
85799 last
84240
83470 **
82700 *
81930 **
Our preference:
the downside prevails as long as 87180 is resistance.
Alternative scenario:
the upside breakout of 87180, would call for 88480 and 89260.
Comment:
the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87693 and 88574).
Supports and resistances:
89260 **
88480 *
87180 **
86670
85799 last
84240
83470 **
82700 *
81930 **
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