Bitcoin Intraday: below its lower Bollinger band
Feb 7, 2026 7:41 AM
the downside prevails as long as 68680 is resistance.
68680 is our pivot point.
Our preference:
the downside prevails as long as 68680 is resistance.
Alternative scenario:
the upside breakout of 68680, would call for 69540 and 70050.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70149 and 68782). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (68300).
Supports and resistances:
70050 **
69540 *
68680 **
68340
67912 last
66540
66030 **
65530 *
65020 **
Our preference:
the downside prevails as long as 68680 is resistance.
Alternative scenario:
the upside breakout of 68680, would call for 69540 and 70050.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70149 and 68782). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (68300).
Supports and resistances:
70050 **
69540 *
68680 **
68340
67912 last
66540
66030 **
65530 *
65020 **
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