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Bitcoin Intraday: the downside prevails as long as 71350 is resistance
Mar 19, 2026 2:01 PM
the downside prevails as long as 71350 is resistance.
71350 is our pivot point.
Our preference:
the downside prevails as long as 71350 is resistance.
Alternative scenario:
the upside breakout of 71350, would call for 72990 and 73970.
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 is trading under both its 20 and 50 period moving average (respectively at 70207 and 70887).
Supports and resistances:
73970 **
72990 *
71350 **
69903 last
67320
66360 **
65390 *
Our preference:
the downside prevails as long as 71350 is resistance.
Alternative scenario:
the upside breakout of 71350, would call for 72990 and 73970.
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 is trading under both its 20 and 50 period moving average (respectively at 70207 and 70887).
Supports and resistances:
73970 **
72990 *
71350 **
69903 last
67320
66360 **
65390 *
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