Bitcoin Intraday: the downside prevails as long as 80200 is resistance
Mar 10, 2025 8:50 PM
the downside prevails as long as 80200 is resistance.
Our pivot point stands at 80200.
Our preference:
the downside prevails as long as 80200 is resistance.
Alternative scenario:
above 80200, look for 81650 and 82510.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 80172 and 81231).
Supports and resistances:
82510 **
81650 *
80200 **
79640
78600 last
76670
75820 **
74970 *
74120 **
Our preference:
the downside prevails as long as 80200 is resistance.
Alternative scenario:
above 80200, look for 81650 and 82510.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 80172 and 81231).
Supports and resistances:
82510 **
81650 *
80200 **
79640
78600 last
76670
75820 **
74970 *
74120 **
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