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Bitcoin Intraday: the downside prevails as long as 65160 is resistance
Feb 24, 2026 3:04 AM
the downside prevails as long as 65160 is resistance.
65160 is our pivot point.
Our preference:
the downside prevails as long as 65160 is resistance.
Alternative scenario:
the upside breakout of 65160, would call for 66500 and 67300.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 64506 and 65189).
Supports and resistances:
67300 **
66500 *
65160 **
64630
63888 last
62290
61500 **
60700 *
59900 **
Our preference:
the downside prevails as long as 65160 is resistance.
Alternative scenario:
the upside breakout of 65160, would call for 66500 and 67300.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 64506 and 65189).
Supports and resistances:
67300 **
66500 *
65160 **
64630
63888 last
62290
61500 **
60700 *
59900 **
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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