Search
Bitcoin Intraday: the upside prevails as long as 70590 is support
Apr 8, 2026 2:04 AM
the upside prevails as long as 70590 is support.
70590 is our pivot point.
Our preference:
the upside prevails as long as 70590 is support.
Alternative scenario:
the downside breakout of 70590 would call for 69470 and 68810.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 70137 and 69179).
Supports and resistances:
74210 *
73550 **
72880
71559 last
70590 **
69470 *
68810 **
Our preference:
the upside prevails as long as 70590 is support.
Alternative scenario:
the downside breakout of 70590 would call for 69470 and 68810.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 70137 and 69179).
Supports and resistances:
74210 *
73550 **
72880
71559 last
70590 **
69470 *
68810 **
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
76789.32
-468.28
-60.60%
