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Bitcoin Intraday: the RSI is overbought
Jul 14, 2026 11:34 PM
as long as 64210 is support look for 66350.
Our pivot point stands at 64210.
Our preference:
as long as 64210 is support look for 66350.
Alternative scenario:
below 64210, expect 63380 and 62890.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64572 and 63434).
Supports and resistances:
66840 *
66350 **
65860
64875 last
64210 **
63380 *
62890 **
Our preference:
as long as 64210 is support look for 66350.
Alternative scenario:
below 64210, expect 63380 and 62890.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64572 and 63434).
Supports and resistances:
66840 *
66350 **
65860
64875 last
64210 **
63380 *
62890 **
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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