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Bitcoin Intraday: above its upper Bollinger band
Mar 13, 2026 1:04 AM
the upside prevails as long as 70140 is support.
70140 is our pivot point.
Our preference:
the upside prevails as long as 70140 is support.
Alternative scenario:
below 70140, expect 68450 and 67440.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 70455 and 70097). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 71442).
Supports and resistances:
75700 *
74690 **
73680
71635 last
70140 **
68450 *
67440 **
Our preference:
the upside prevails as long as 70140 is support.
Alternative scenario:
below 70140, expect 68450 and 67440.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 70455 and 70097). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 71442).
Supports and resistances:
75700 *
74690 **
73680
71635 last
70140 **
68450 *
67440 **
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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