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Bitcoin Intraday: above its upper Bollinger band
Mar 24, 2026 11:29 PM
our next up target stands at 73700.
Our pivot point stands at 68940.
Our preference:
our next up target stands at 73700.
Alternative scenario:
the downside breakout of 68940 would call for 67270 and 66280.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 69821 and 70378). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 70654).
Supports and resistances:
74700 *
73700 **
72700
70702 last
68940 **
67270 *
66280 **
Our preference:
our next up target stands at 73700.
Alternative scenario:
the downside breakout of 68940 would call for 67270 and 66280.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 69821 and 70378). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 70654).
Supports and resistances:
74700 *
73700 **
72700
70702 last
68940 **
67270 *
66280 **
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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