tradingkey.logo

Bitcoin Intraday: the downside prevails as long as 66190 is resistance

Feb 5, 2026 8:14 PM
the downside prevails as long as 66190 is resistance.
image
Our pivot point stands at 66190.
Our preference:
the downside prevails as long as 66190 is resistance.
Alternative scenario:
above 66190, look for 67020 and 67510.
Comment:
the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). 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 67966 and 70325).
Supports and resistances:
67510 **
67020 *
66190 **
65870
65153 last
63980
63490 **
63000 *
62510 **
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.
KeyAI