Our pivot point is at 84060.
Our preference: the downside prevails as long as 84060 is resistance.
Alternative scenario: above 84060, look for 85280 and 86010.
Comment: the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 85449 and 87667). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (82725).
Supports and resistances:
86010 **
85280 *
84060 **
83580
82649 last
81100
80380 **
79650 *
78930 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-21-2025 at 10:41 UTC+1
Price reference: 82649 last known on 11-21-2025 at 10:41 UTC+1
Investment horizon: INTRADAY
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