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Bitcoin Intraday: the downside prevails as long as 70870 is resistance
Mar 11, 2026 9:42 AM
the downside prevails as long as 70870 is resistance.
70870 is our pivot point.
Our preference:
the downside prevails as long as 70870 is resistance.
Alternative scenario:
above 70870, look for 72510 and 73490.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69806 and 70226).
Supports and resistances:
73490 **
72510 *
70870 **
69452 last
67430
66450 **
65480 *
Our preference:
the downside prevails as long as 70870 is resistance.
Alternative scenario:
above 70870, look for 72510 and 73490.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69806 and 70226).
Supports and resistances:
73490 **
72510 *
70870 **
69452 last
67430
66450 **
65480 *
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