Bitcoin Intraday: the downside prevails as long as 88420 is resistance
Dec 23, 2025 9:41 AM
the downside prevails as long as 88420 is resistance.
88420 is our pivot point.
Our preference:
the downside prevails as long as 88420 is resistance.
Alternative scenario:
the upside breakout of 88420, would call for 89710 and 90480.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87916 and 88736).
Supports and resistances:
90480 **
89710 *
88420 **
87910
87260 last
85720
84950 **
84180 *
83410 **
Our preference:
the downside prevails as long as 88420 is resistance.
Alternative scenario:
the upside breakout of 88420, would call for 89710 and 90480.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87916 and 88736).
Supports and resistances:
90480 **
89710 *
88420 **
87910
87260 last
85720
84950 **
84180 *
83410 **
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.
Related Instruments
Bitcoin
67847.86
-2122.270000000004
-303.30%
