Bitcoin Intraday: the downside prevails as long as 65340 is resistance

Jul 16, 2026 2:04 AM

the downside prevails as long as 65340 is resistance.

Our pivot point is at 65340.
Our preference:
the downside prevails as long as 65340 is resistance.
Alternative scenario:
above 65340, look for 66160 and 66650.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 64813 and 64807).
Supports and resistances:
66650 **
66160 *
65340 **
64671 last
63680
63190 **
62700 *

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