Bitcoin Intraday: rebound towards 86990
Mar 22, 2025 8:50 PM
rebound towards 86990.
Our pivot point stands at 82900.
Our preference:
rebound towards 86990.
Alternative scenario:
below 82900, expect 81300 and 80360.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 84160 and 84202).
Supports and resistances:
88890 **
87940 *
86990 **
86050
84147 last
83520
82900 **
81300 *
80360 **
Our preference:
rebound towards 86990.
Alternative scenario:
below 82900, expect 81300 and 80360.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 84160 and 84202).
Supports and resistances:
88890 **
87940 *
86990 **
86050
84147 last
83520
82900 **
81300 *
80360 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Bitcoin
87361.22
2287.49
+2.69%