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Bitcoin Intraday: the upside prevails as long as 72110 is support
Mar 16, 2026 7:41 AM
the upside prevails as long as 72110 is support.
Our pivot point stands at 72110.
Our preference:
the upside prevails as long as 72110 is support.
Alternative scenario:
the downside breakout of 72110 would call for 70370 and 69340.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 73113 and 72233).
Supports and resistances:
78020 *
76980 **
75940
73513 last
72110 **
70370 *
69340 **
Our preference:
the upside prevails as long as 72110 is support.
Alternative scenario:
the downside breakout of 72110 would call for 70370 and 69340.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 73113 and 72233).
Supports and resistances:
78020 *
76980 **
75940
73513 last
72110 **
70370 *
69340 **
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