Bitcoin Intraday: as long as 86580 is support look for 91400
Mar 24, 2025 8:50 PM
as long as 86580 is support look for 91400.
Our pivot point stands at 86580.
Our preference:
as long as 86580 is support look for 91400.
Alternative scenario:
the downside breakout of 86580 would call for 84910 and 83920.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 88010 and 87028).
Supports and resistances:
93390 **
92400 *
91400 **
90400
88029 last
87230
86580 **
84910 *
83920 **
Our preference:
as long as 86580 is support look for 91400.
Alternative scenario:
the downside breakout of 86580 would call for 84910 and 83920.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 88010 and 87028).
Supports and resistances:
93390 **
92400 *
91400 **
90400
88029 last
87230
86580 **
84910 *
83920 **
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