Bitcoin / USD intraday : the RSI is overbought

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u
20260121144054ffd0d089c66a58aaa4ff168a1f1cbfe5
BTCUSD+0.000%
2026-10-11 21:10Source:TC

Our pivot point is at 82,631.

Our preference: The upside prevails as long as 82,631 is support, with 84,581 and 84,910 as targets

Alternative scenario: below 82,631, expect 82,085 and 81,760.

Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 83,004 and 82,952). The Bitcoin / USD is trading above its upper Bollinger band (standing at 83,413).

Supports and resistances:

85,239 *

84,910 **

84,581

83,804 last

82,631 **

82,085 *

81,760 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-11-2026 at 21:10 UTC+1

Price reference: 83804 last known on 10-11-2026 at 21:10 UTC+1

Investment horizon: INTRADAY

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