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Bitcoin Intraday: the downside prevails as long as 69920 is resistance
Feb 10, 2026 9:42 AM
the downside prevails as long as 69920 is resistance.
69920 is our pivot point.
Our preference:
the downside prevails as long as 69920 is resistance.
Alternative scenario:
above 69920, look for 70800 and 71320.
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 stands below its 20 and 50 period moving average (respectively at 69523 and 69654).
Supports and resistances:
71320 **
70800 *
69920 **
69580
69106 last
68040
67520 **
67000 *
66490 **
Our preference:
the downside prevails as long as 69920 is resistance.
Alternative scenario:
above 69920, look for 70800 and 71320.
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 stands below its 20 and 50 period moving average (respectively at 69523 and 69654).
Supports and resistances:
71320 **
70800 *
69920 **
69580
69106 last
68040
67520 **
67000 *
66490 **
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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