Bitcoin Short Term: the downside prevails
Feb 24, 2025 8:27 AM
short positions below 108000 with targets at 90000 & 80000 in extension.

Pivot: 108000
Our preference:
short positions below 108000 with targets at 90000 & 80000 in extension.
Alternative scenario:
above 108000 look for further upside with 116000 & 131000 as targets.
Comment:
the RSI calls for a new downleg.
Supports and resistances:
131000
116000
108000
95623 Last
90000
80000
73000
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