Bitcoin Intraday: rebound towards 87890
Mar 28, 2025 2:02 PM
rebound towards 87890.
83630 is our pivot point.
Our preference:
rebound towards 87890.
Alternative scenario:
the downside breakout of 83630 would call for 82000 and 81020.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 85368 and 86399).
Supports and resistances:
89840 **
88870 *
87890 **
86920
84912 last
84270
83630 **
82000 *
81020 **
Our preference:
rebound towards 87890.
Alternative scenario:
the downside breakout of 83630 would call for 82000 and 81020.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 85368 and 86399).
Supports and resistances:
89840 **
88870 *
87890 **
86920
84912 last
84270
83630 **
82000 *
81020 **
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.
Related Instruments
Bitcoin
87960
434.08000000000175
+49.60%
