Bitcoin Intraday: rebound towards 86190
Mar 9, 2025 8:50 PM
rebound towards 86190.
81890 is our pivot point.
Our preference:
rebound towards 86190.
Alternative scenario:
below 81890, expect 80370 and 79460.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 83414 and 84977).
Supports and resistances:
88010 **
87100 *
86190 **
85290
83119 last
82480
81890 **
80370 *
79460 **
Our preference:
rebound towards 86190.
Alternative scenario:
below 81890, expect 80370 and 79460.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 83414 and 84977).
Supports and resistances:
88010 **
87100 *
86190 **
85290
83119 last
82480
81890 **
80370 *
79460 **
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