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Bitcoin Intraday: the downside prevails as long as 68450 is resistance
Feb 18, 2026 3:06 AM
the downside prevails as long as 68450 is resistance.
Our pivot point stands at 68450.
Our preference:
the downside prevails as long as 68450 is resistance.
Alternative scenario:
the upside breakout of 68450, would call for 69860 and 70700.
Comment:
the RSI is below 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 67500 and 67795).
Supports and resistances:
70700 **
69860 *
68450 **
67900
67342 last
65610
64770 **
63930 *
63100 **
Our preference:
the downside prevails as long as 68450 is resistance.
Alternative scenario:
the upside breakout of 68450, would call for 69860 and 70700.
Comment:
the RSI is below 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 67500 and 67795).
Supports and resistances:
70700 **
69860 *
68450 **
67900
67342 last
65610
64770 **
63930 *
63100 **
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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