Bitcoin Intraday: rebound towards 86100
Mar 4, 2025 9:43 AM
rebound towards 86100.
82790 is our pivot point.
Our preference:
rebound towards 86100.
Alternative scenario:
below 82790, expect 81610 and 80910.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84068 and 87343).
Supports and resistances:
87510 **
86800 *
86100 **
85390
83982 last
83250
82790 **
81610 *
80910 **
Our preference:
rebound towards 86100.
Alternative scenario:
below 82790, expect 81610 and 80910.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84068 and 87343).
Supports and resistances:
87510 **
86800 *
86100 **
85390
83982 last
83250
82790 **
81610 *
80910 **
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