Bitcoin / USD intraday : the RSI is overbought

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u
20260121144054ffd0d089c66a58aaa4ff168a1f1cbfe5
BTCUSD+0%
2026-11-04 18:08Source:TC

Our pivot point is at 79,762.

Our preference: The upside prevails as long as 79,762 is support, with 81,653 and 82,147 as targets

Alternative scenario: below 79,762, expect 78,935 and 78,443.

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 78,775 and 77,915).

Supports and resistances:

82,641 *

82,147 **

81,653

80,473 last

79,762 **

78,935 *

78,443 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-04-2026 at 18:08 UTC+1

Price reference: 80473 last known on 11-04-2026 at 18:08 UTC+1

Investment horizon: INTRADAY

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