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Bitcoin Intraday: rebound towards 72700
Mar 12, 2026 7:41 AM
rebound towards 72700.
Our pivot point stands at 68320.
Our preference:
rebound towards 72700.
Alternative scenario:
below 68320, expect 66670 and 65690.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 69776 and 69997).
Supports and resistances:
73680 *
72700 **
71720
69734 last
68320 **
66670 *
65690 **
Our preference:
rebound towards 72700.
Alternative scenario:
below 68320, expect 66670 and 65690.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 69776 and 69997).
Supports and resistances:
73680 *
72700 **
71720
69734 last
68320 **
66670 *
65690 **
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