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Bitcoin Intraday: under pressure below 69340
Feb 26, 2026 2:01 PM
under pressure below 69340.
Our pivot point stands at 69340.
Our preference:
under pressure below 69340.
Alternative scenario:
the upside breakout of 69340, would call for 70800 and 71670.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68220 and 68205).
Supports and resistances:
71670 **
70800 *
69340 **
68770
67924 last
66120
65260 **
64400 *
63530 **
Our preference:
under pressure below 69340.
Alternative scenario:
the upside breakout of 69340, would call for 70800 and 71670.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68220 and 68205).
Supports and resistances:
71670 **
70800 *
69340 **
68770
67924 last
66120
65260 **
64400 *
63530 **
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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Bitcoin
69535.38
-260.6299999999901
-37.30%
