Bitcoin Intraday: above its upper Bollinger band

Mar 25, 2026 11:29 AM

the upside prevails as long as 70130 is support.

Our pivot point stands at 70130.
Our preference:
the upside prevails as long as 70130 is support.
Alternative scenario:
the downside breakout of 70130 would call for 68430 and 67420.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 71037 and 70515). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (71721).
Supports and resistances:
75820 *
74810 **
73790
71766 last
70130 **
68430 *
67420 **

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