Bitcoin Intraday: rebound towards 84390
Mar 10, 2025 1:05 AM
rebound towards 84390.
Our pivot point is at 80070.
Our preference:
rebound towards 84390.
Alternative scenario:
the downside breakout of 80070 would call for 78590 and 77700.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 82050 and 84056).
Supports and resistances:
86170 **
85280 *
84390 **
83500
81590 last
80660
80070 **
78590 *
77700 **
Our preference:
rebound towards 84390.
Alternative scenario:
the downside breakout of 80070 would call for 78590 and 77700.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 82050 and 84056).
Supports and resistances:
86170 **
85280 *
84390 **
83500
81590 last
80660
80070 **
78590 *
77700 **
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