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Bitcoin Short Term: the downside prevails as long as 77080 is resistance
Mar 31, 2026 10:08 AM
the downside prevails as long as 77080 is resistance.
Our pivot point stands at 77080.
Our preference:
the downside prevails as long as 77080 is resistance.
Alternative scenario:
the upside breakout of 77080, would call for 88210 and 94840.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69788 and 68638).
Supports and resistances:
94840 **
88210 *
77080 **
66111 last
53140
46750 **
40350 *
Our preference:
the downside prevails as long as 77080 is resistance.
Alternative scenario:
the upside breakout of 77080, would call for 88210 and 94840.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69788 and 68638).
Supports and resistances:
94840 **
88210 *
77080 **
66111 last
53140
46750 **
40350 *
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