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Bitcoin Intraday: the upside prevails as long as 72870 is support

May 29, 2026 10:58 AM
the upside prevails as long as 72870 is support.
image
Our pivot point is at 72870.
Our preference:
the upside prevails as long as 72870 is support.
Alternative scenario:
the downside breakout of 72870 would call for 72060 and 71580.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 73487 and 73385).
Supports and resistances:
75550 *
75070 **
74590
73575 last
72870 **
72060 *
71580 **
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