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Bitcoin Intraday: the downside prevails as long as 69480 is resistance
Feb 17, 2026 7:41 AM
the downside prevails as long as 69480 is resistance.
Our pivot point is at 69480.
Our preference:
the downside prevails as long as 69480 is resistance.
Alternative scenario:
above 69480, look for 70910 and 71760.
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 68561 and 68484).
Supports and resistances:
71760 **
70910 *
69480 **
68920
68360 last
66460
65610 **
64770 *
63920 **
Our preference:
the downside prevails as long as 69480 is resistance.
Alternative scenario:
above 69480, look for 70910 and 71760.
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 68561 and 68484).
Supports and resistances:
71760 **
70910 *
69480 **
68920
68360 last
66460
65610 **
64770 *
63920 **
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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