Bitcoin Intraday: the downside prevails as long as 89660 is resistance
Jan 21, 2026 1:04 AM
the downside prevails as long as 89660 is resistance.
Our pivot point is at 89660.
Our preference:
the downside prevails as long as 89660 is resistance.
Alternative scenario:
the upside breakout of 89660, would call for 90720 and 91350.
Comment:
the RSI is below 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 89363 and 90616).
Supports and resistances:
91350 **
90720 *
89660 **
89250
88830 last
87520
86890 **
86270 *
85640 **
Our preference:
the downside prevails as long as 89660 is resistance.
Alternative scenario:
the upside breakout of 89660, would call for 90720 and 91350.
Comment:
the RSI is below 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 89363 and 90616).
Supports and resistances:
91350 **
90720 *
89660 **
89250
88830 last
87520
86890 **
86270 *
85640 **
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