Bitcoin Intraday: the downside prevails as long as 63950 is resistance

Jun 5, 2026 2:04 AM

the downside prevails as long as 63950 is resistance.

Our pivot point is at 63950.
Our preference:
the downside prevails as long as 63950 is resistance.
Alternative scenario:
above 63950, look for 64690 and 65130.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63494 and 63489).
Supports and resistances:
65130 **
64690 *
63950 **
63220 last
62340
61910 **
61470 *

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