Search
Bitcoin Intraday: the RSI is oversold
Mar 27, 2026 11:29 AM
the downside prevails as long as 67940 is resistance.
Our pivot point is at 67940.
Our preference:
the downside prevails as long as 67940 is resistance.
Alternative scenario:
the upside breakout of 67940, would call for 69520 and 70460.
Comment:
the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). 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 68284 and 68691). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 66843).
Supports and resistances:
70460 **
69520 *
67940 **
66635 last
64340
63410 **
62470 *
Our preference:
the downside prevails as long as 67940 is resistance.
Alternative scenario:
the upside breakout of 67940, would call for 69520 and 70460.
Comment:
the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). 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 68284 and 68691). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 66843).
Supports and resistances:
70460 **
69520 *
67940 **
66635 last
64340
63410 **
62470 *
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%
