Bitcoin Intraday: below its lower Bollinger band
Mar 28, 2025 5:05 AM
the downside prevails as long as 87600 is resistance.
Our pivot point stands at 87600.
Our preference:
the downside prevails as long as 87600 is resistance.
Alternative scenario:
above 87600, look for 89260 and 90240.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87067 and 87107). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (86343).
Supports and resistances:
90240 **
89260 *
87600 **
86940
86184 last
84190
83210 **
82220 *
81230 **
Our preference:
the downside prevails as long as 87600 is resistance.
Alternative scenario:
above 87600, look for 89260 and 90240.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87067 and 87107). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (86343).
Supports and resistances:
90240 **
89260 *
87600 **
86940
86184 last
84190
83210 **
82220 *
81230 **
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Bitcoin
87960
434.08000000000175
+49.60%
