Bitcoin Intraday: look for a drop towards 70860 before a bounce

Apr 10, 2026 10:58 AM

look for a drop towards 70860 before a bounce.

Our pivot point stands at 70860.
Our preference:
look for a drop towards 70860 before a bounce.
Alternative scenario:
below 70860, expect 69750 and 69080.
Comment:
the RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is above its 20 and 50 period moving average (respectively at 71888 and 71804).
Supports and resistances:
74590 *
73920 **
73260
71922 last
70860 **
69750 *
69080 **

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