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Bitcoin Intraday: rebound towards 70480

Mar 7, 2026 7:41 AM
rebound towards 70480.
image
66490 is our pivot point.
Our preference:
rebound towards 70480.
Alternative scenario:
below 66490, expect 64960 and 64060.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68096 and 68820).
Supports and resistances:
72300 **
71390 *
70480 **
69570
67685 last
67090
66490 **
64960 *
64060 **
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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