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Bitcoin Intraday: the downside prevails as long as 74710 is resistance

Feb 4, 2026 8:14 PM
the downside prevails as long as 74710 is resistance.
image
Our pivot point stands at 74710.
Our preference:
the downside prevails as long as 74710 is resistance.
Alternative scenario:
the upside breakout of 74710, would call for 75640 and 76190.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 74397 and 75423).
Supports and resistances:
76190 **
75640 *
74710 **
74340
73443 last
72340
71790 **
71240 *
70690 **
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