Search
Bitcoin Intraday: the downside prevails as long as 72070 is resistance
Mar 26, 2026 5:04 AM
the downside prevails as long as 72070 is resistance.
Our pivot point is at 72070.
Our preference:
the downside prevails as long as 72070 is resistance.
Alternative scenario:
the upside breakout of 72070, would call for 73740 and 74740.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 71009 and 71133).
Supports and resistances:
74740 **
73740 *
72070 **
70740 last
68730
67740 **
66740 *
Our preference:
the downside prevails as long as 72070 is resistance.
Alternative scenario:
the upside breakout of 72070, would call for 73740 and 74740.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 71009 and 71133).
Supports and resistances:
74740 **
73740 *
72070 **
70740 last
68730
67740 **
66740 *
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.
Related Instruments
Bitcoin
67450.05
211.65000000000873
+31.50%
