Bitcoin Intraday: the upside prevails as long as 78600 is support
Apr 8, 2025 1:02 PM
the upside prevails as long as 78600 is support.
78600 is our pivot point.
Our preference:
the upside prevails as long as 78600 is support.
Alternative scenario:
below 78600, expect 77030 and 76090.
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 79513 and 79130).
Supports and resistances:
84500 **
83560 *
82630 **
81700
79828 last
79210
78600 **
77030 *
76090 **
Our preference:
the upside prevails as long as 78600 is support.
Alternative scenario:
below 78600, expect 77030 and 76090.
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 79513 and 79130).
Supports and resistances:
84500 **
83560 *
82630 **
81700
79828 last
79210
78600 **
77030 *
76090 **
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