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Bitcoin Intraday: below its lower Bollinger band

Dec 17, 2025 5:04 AM
the downside prevails as long as 87750 is resistance.
image
Our pivot point stands at 87750.
Our preference:
the downside prevails as long as 87750 is resistance.
Alternative scenario:
the upside breakout of 87750, would call for 89030 and 89800.
Comment:
the RSI is below 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 87449 and 87088). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 86742).
Supports and resistances:
89800 **
89030 *
87750 **
87240
86515 last
84990
84230 **
83460 *
82700 **
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