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Bitcoin Intraday: look for a drop towards 73000 before a bounce
Mar 18, 2026 3:04 AM
look for a drop towards 73000 before a bounce.
Our pivot point is at 73000.
Our preference:
look for a drop towards 73000 before a bounce.
Alternative scenario:
the downside breakout of 73000 would call for 71250 and 70220.
Comment:
the RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 74354 and 74238).
Supports and resistances:
78510 *
77480 **
76440
74366 last
73000 **
71250 *
70220 **
Our preference:
look for a drop towards 73000 before a bounce.
Alternative scenario:
the downside breakout of 73000 would call for 71250 and 70220.
Comment:
the RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 74354 and 74238).
Supports and resistances:
78510 *
77480 **
76440
74366 last
73000 **
71250 *
70220 **
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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