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Bitcoin Intraday: the downside prevails as long as 71380 is resistance
Mar 11, 2026 1:04 AM
the downside prevails as long as 71380 is resistance.
71380 is our pivot point.
Our preference:
the downside prevails as long as 71380 is resistance.
Alternative scenario:
the upside breakout of 71380, would call for 73040 and 74030.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70295 and 70283).
Supports and resistances:
74030 **
73040 *
71380 **
70079 last
68080
67090 **
66100 *
Our preference:
the downside prevails as long as 71380 is resistance.
Alternative scenario:
the upside breakout of 71380, would call for 73040 and 74030.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70295 and 70283).
Supports and resistances:
74030 **
73040 *
71380 **
70079 last
68080
67090 **
66100 *
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