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Bitcoin Intraday: rebound towards 70480
Mar 7, 2026 7:41 AM
rebound towards 70480.
66490 is our pivot point.
Our preference:
rebound towards 70480.
Alternative scenario:
below 66490, expect 64960 and 64060.
Comment:
the RSI is below 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 68096 and 68820).
Supports and resistances:
72300 **
71390 *
70480 **
69570
67685 last
67090
66490 **
64960 *
64060 **
Our preference:
rebound towards 70480.
Alternative scenario:
below 66490, expect 64960 and 64060.
Comment:
the RSI is below 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 68096 and 68820).
Supports and resistances:
72300 **
71390 *
70480 **
69570
67685 last
67090
66490 **
64960 *
64060 **
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