Bitcoin Intraday: rebound towards 87520
Mar 21, 2025 3:05 AM
rebound towards 87520.
83280 is our pivot point.
Our preference:
rebound towards 87520.
Alternative scenario:
below 83280, expect 81680 and 80730.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (84281) but below its 50 period moving average (85013).
Supports and resistances:
89430 **
88480 *
87520 **
86570
84539 last
83910
83280 **
81680 *
80730 **
Our preference:
rebound towards 87520.
Alternative scenario:
below 83280, expect 81680 and 80730.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (84281) but below its 50 period moving average (85013).
Supports and resistances:
89430 **
88480 *
87520 **
86570
84539 last
83910
83280 **
81680 *
80730 **
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