Bitcoin Intraday: the RSI is overbought
Dec 18, 2025 2:02 PM
the upside prevails as long as 86570 is support.
Our pivot point is at 86570.
Our preference:
the upside prevails as long as 86570 is support.
Alternative scenario:
below 86570, expect 85270 and 84500.
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 positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87037 and 86780). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (88077).
Supports and resistances:
93060 **
92280 *
91490 **
90710
88778 last
87080
86570 **
85270 *
84500 **
Our preference:
the upside prevails as long as 86570 is support.
Alternative scenario:
below 86570, expect 85270 and 84500.
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 positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87037 and 86780). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (88077).
Supports and resistances:
93060 **
92280 *
91490 **
90710
88778 last
87080
86570 **
85270 *
84500 **
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