Bitcoin Tends to Have Intraday Negativity

Trading tended to be negative but still limited after several consecutive sessions of the record highs. On the technical side, we tend to be negative, but cautiously, relying on trading stability below 51,400 accompanied by signs of losing the RSI’s bullish momentum.

Confirmation of breaking 51,090/51,060 puts the price under negative pressure targeting 50,920. The surpassing resistance level 51,400/51,410 leads the price to achieve gains around 51,550.

Note: Risk level is high and all scenarios are on the table.

S1: 51090	R1: 51405
S2: 50920	R2: 51550
S3: 50775	R3: 51720