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Bitcoin Intraday: look for a drop towards 86390 before a bounce

Dec 25, 2025 2:01 PM
look for a drop towards 86390 before a bounce.
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Our pivot point stands at 86390.
Our preference:
look for a drop towards 86390 before a bounce.
Alternative scenario:
the downside breakout of 86390 would call for 85090 and 84320.
Comment:
the RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87564 and 87492).
Supports and resistances:
91460 **
90690 *
89920 **
89150
87583 last
86900
86390 **
85090 *
84320 **
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