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Bitcoin Intraday: as long as 69990 is resistance look for 65660

Feb 16, 2026 2:01 PM
as long as 69990 is resistance look for 65660.
image
69990 is our pivot point.
Our preference:
as long as 69990 is resistance look for 65660.
Alternative scenario:
the upside breakout of 69990, would call for 71430 and 72280.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68730 and 68711).
Supports and resistances:
72280 **
71430 *
69990 **
69420
68371 last
66510
65660 **
64810 *
63970 **
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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