Bitcoin Intraday: rebound
Mar 11, 2025 3:05 AM
rebound.
Our pivot point is at 78200.
Our preference:
rebound.
Alternative scenario:
below 78200, expect 76750 and 75890.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (78770) but below its 50 period moving average (80546).
Supports and resistances:
83790 **
82930 *
82060 **
81200
79471 last
78770
78200 **
76750 *
75890 **
Our preference:
rebound.
Alternative scenario:
below 78200, expect 76750 and 75890.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (78770) but below its 50 period moving average (80546).
Supports and resistances:
83790 **
82930 *
82060 **
81200
79471 last
78770
78200 **
76750 *
75890 **
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