Bitcoin Intraday: the downside prevails as long as 87830 is resistance
Mar 25, 2025 5:05 AM
the downside prevails as long as 87830 is resistance.
Our pivot point stands at 87830.
Our preference:
the downside prevails as long as 87830 is resistance.
Alternative scenario:
above 87830, look for 89470 and 90440.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87340 and 87507).
Supports and resistances:
90440 **
89470 *
87830 **
87180
86481 last
84530
83560 **
82580 *
81610 **
Our preference:
the downside prevails as long as 87830 is resistance.
Alternative scenario:
above 87830, look for 89470 and 90440.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87340 and 87507).
Supports and resistances:
90440 **
89470 *
87830 **
87180
86481 last
84530
83560 **
82580 *
81610 **
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.
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