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Bitcoin Intraday: the downside prevails as long as 70500 is resistance
Feb 10, 2026 5:04 AM
the downside prevails as long as 70500 is resistance.
Our pivot point is at 70500.
Our preference:
the downside prevails as long as 70500 is resistance.
Alternative scenario:
above 70500, look for 71380 and 71900.
Comment:
the RSI is below its neutrality area at 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 70143 and 69921).
Supports and resistances:
71900 **
71380 *
70500 **
70150
69769 last
68720
68200 **
67680 *
67150 **
Our preference:
the downside prevails as long as 70500 is resistance.
Alternative scenario:
above 70500, look for 71380 and 71900.
Comment:
the RSI is below its neutrality area at 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 70143 and 69921).
Supports and resistances:
71900 **
71380 *
70500 **
70150
69769 last
68720
68200 **
67680 *
67150 **
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.
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