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Bitcoin Intraday: target 71000
Mar 17, 2026 5:04 AM
target 71000.
Our pivot point stands at 75630.
Our preference:
target 71000.
Alternative scenario:
the upside breakout of 75630, would call for 77390 and 78430.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (74711) but above its 50 period moving average (74110).
Supports and resistances:
78430 **
77390 *
75630 **
74148 last
72050
71000 **
69960 *
Our preference:
target 71000.
Alternative scenario:
the upside breakout of 75630, would call for 77390 and 78430.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (74711) but above its 50 period moving average (74110).
Supports and resistances:
78430 **
77390 *
75630 **
74148 last
72050
71000 **
69960 *
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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