Bitcoin Intraday: the RSI is overbought
Jan 13, 2026 8:14 PM
the upside prevails as long as 93240 is support.
93240 is our pivot point.
Our preference:
the upside prevails as long as 93240 is support.
Alternative scenario:
below 93240, expect 92070 and 91380.
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 92851 and 92071).
Supports and resistances:
97880 **
97180 *
96480 **
95790
94393 last
93700
93240 **
92070 *
91380 **
Our preference:
the upside prevails as long as 93240 is support.
Alternative scenario:
below 93240, expect 92070 and 91380.
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 92851 and 92071).
Supports and resistances:
97880 **
97180 *
96480 **
95790
94393 last
93700
93240 **
92070 *
91380 **
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