Bitcoin Intraday: rebound towards 90870
Feb 26, 2025 12:13 AM
rebound towards 90870.
Our pivot point is at 87490.
Our preference:
rebound towards 90870.
Alternative scenario:
below 87490, expect 86240 and 85500.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (87722) but below its 50 period moving average (89313).
Supports and resistances:
92360 **
91610 *
90870 **
90120
88471 last
87980
87490 **
86240 *
85500 **
Our preference:
rebound towards 90870.
Alternative scenario:
below 87490, expect 86240 and 85500.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (87722) but below its 50 period moving average (89313).
Supports and resistances:
92360 **
91610 *
90870 **
90120
88471 last
87980
87490 **
86240 *
85500 **
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