Bitcoin Intraday: the downside prevails as long as 89170 is resistance
Dec 23, 2025 3:04 AM
the downside prevails as long as 89170 is resistance.
Our pivot point stands at 89170.
Our preference:
the downside prevails as long as 89170 is resistance.
Alternative scenario:
the upside breakout of 89170, would call for 90470 and 91250.
Comment:
the RSI is below its neutrality area at 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 88534 and 89079).
Supports and resistances:
91250 **
90470 *
89170 **
88660
88106 last
86550
85780 **
85000 *
84220 **
Our preference:
the downside prevails as long as 89170 is resistance.
Alternative scenario:
the upside breakout of 89170, would call for 90470 and 91250.
Comment:
the RSI is below its neutrality area at 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 88534 and 89079).
Supports and resistances:
91250 **
90470 *
89170 **
88660
88106 last
86550
85780 **
85000 *
84220 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Bitcoin
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