Bitcoin Intraday: below its lower Bollinger band
Mar 26, 2025 2:02 PM
the downside prevails as long as 88170 is resistance.
Our pivot point stands at 88170.
Our preference:
the downside prevails as long as 88170 is resistance.
Alternative scenario:
above 88170, look for 89840 and 90830.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87766 and 87744). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (86931).
Supports and resistances:
90830 **
89840 *
88170 **
87510
86833 last
84840
83850 **
82860 *
81860 **
Our preference:
the downside prevails as long as 88170 is resistance.
Alternative scenario:
above 88170, look for 89840 and 90830.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87766 and 87744). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (86931).
Supports and resistances:
90830 **
89840 *
88170 **
87510
86833 last
84840
83850 **
82860 *
81860 **
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