Market Analysis of Bitcoin on Tuesday 10 February 2025

2026-02-10 03:42Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 69570 is support
 
Our pivot point stands at 69570.
 
Our preference:
The upside prevails as long as 69570 is support.
 
Alternative scenario:
The downside breakout of 69570 would call for 68690 and 68160.
 
Comment:
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 70016 and 70099).

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