Bitcoin Intraday: the downside prevails as long as 71210 is resistance

Jun 2, 2026 5:44 AM

the downside prevails as long as 71210 is resistance.

71210 is our pivot point.
Our preference:
the downside prevails as long as 71210 is resistance.
Alternative scenario:
above 71210, look for 71990 and 72450.
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 70968 and 71658).
Supports and resistances:
72450 **
71990 *
71210 **
70389 last
69400
68940 **
68480 *

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