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Bitcoin Intraday: rebound

Mar 8, 2026 7:41 AM
rebound.
image
Our pivot point stands at 66110.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 66110 would call for 64590 and 63690.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (67162) but below its 50 period moving average (67531).
Supports and resistances:
70970 *
70070 **
69170
67329 last
66110 **
64590 *
63690 **
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