Bitcoin Intraday: the upside prevails as long as 81500 is support
Mar 14, 2025 9:41 AM
the upside prevails as long as 81500 is support.
Our pivot point is at 81500.
Our preference:
the upside prevails as long as 81500 is support.
Alternative scenario:
the downside breakout of 81500 would call for 79940 and 79010.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 82022 and 81746).
Supports and resistances:
87550 **
86620 *
85680 **
84750
82831 last
82120
81500 **
79940 *
79010 **
Our preference:
the upside prevails as long as 81500 is support.
Alternative scenario:
the downside breakout of 81500 would call for 79940 and 79010.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 82022 and 81746).
Supports and resistances:
87550 **
86620 *
85680 **
84750
82831 last
82120
81500 **
79940 *
79010 **
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