Bitcoin Intraday: as long as 85640 is support look for 89750
Mar 5, 2025 5:05 AM
as long as 85640 is support look for 89750.
85640 is our pivot point.
Our preference:
as long as 85640 is support look for 89750.
Alternative scenario:
below 85640, expect 84050 and 83110.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (87406) but above its 50 period moving average (85273).
Supports and resistances:
91640 **
90700 *
89750 **
88810
86915 last
86270
85640 **
84050 *
83110 **
Our preference:
as long as 85640 is support look for 89750.
Alternative scenario:
below 85640, expect 84050 and 83110.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (87406) but above its 50 period moving average (85273).
Supports and resistances:
91640 **
90700 *
89750 **
88810
86915 last
86270
85640 **
84050 *
83110 **
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