Bitcoin Intraday: look for a drop towards 89140 before a bounce
Jan 11, 2026 11:20 PM
look for a drop towards 89140 before a bounce.
89140 is our pivot point.
Our preference:
look for a drop towards 89140 before a bounce.
Alternative scenario:
below 89140, expect 87920 and 87190.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is above its 20 and 50 period moving average (respectively at 90728 and 90640).
Supports and resistances:
94450 **
93720 *
92990 **
92260
90793 last
89620
89140 **
87920 *
87190 **
Our preference:
look for a drop towards 89140 before a bounce.
Alternative scenario:
below 89140, expect 87920 and 87190.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is above its 20 and 50 period moving average (respectively at 90728 and 90640).
Supports and resistances:
94450 **
93720 *
92990 **
92260
90793 last
89620
89140 **
87920 *
87190 **
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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