Bitcoin Intraday: rise to 91180
Feb 26, 2025 7:50 AM
rise to 91180.
Our pivot point is at 87320.
Our preference:
rise to 91180.
Alternative scenario:
the downside breakout of 87320 would call for 86070 and 85330.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (88673) but above its 50 period moving average (88343).
Supports and resistances:
92680 **
91930 *
91180 **
90430
88472 last
87810
87320 **
86070 *
85330 **
Our preference:
rise to 91180.
Alternative scenario:
the downside breakout of 87320 would call for 86070 and 85330.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (88673) but above its 50 period moving average (88343).
Supports and resistances:
92680 **
91930 *
91180 **
90430
88472 last
87810
87320 **
86070 *
85330 **
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