Market Analysis of Bitcoin on Thursday 12 February 2025

2026-02-12 02:21Source:BtcDana

    
Bitcoin / Dollar intraday: as long as 68120 is resistance look for 64310
 
Our pivot point stands at 68120.
 
Our preference:
As long as 68120 is resistance look for 64310.
 
Alternative scenario:
Above 68120, look for 69520 and 70350.
 
Comment:
The RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67057 and 67400).

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