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Bitcoin Short Term: rebound towards 88530
Mar 3, 2026 11:06 AM
rebound towards 88530.
58220 is our pivot point.
Our preference:
rebound towards 88530.
Alternative scenario:
the downside breakout of 58220 would call for 47870 and 41700.
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 below its 20 and 50 period moving average (respectively at 67270 and 76785).
Supports and resistances:
101390 **
94960 *
88530 **
82100
66995 last
62290
58220 **
47870 *
41700 **
Our preference:
rebound towards 88530.
Alternative scenario:
the downside breakout of 58220 would call for 47870 and 41700.
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 below its 20 and 50 period moving average (respectively at 67270 and 76785).
Supports and resistances:
101390 **
94960 *
88530 **
82100
66995 last
62290
58220 **
47870 *
41700 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Bitcoin
69743.99
2115.6399999999994
+312.80%
