Bitcoin Intraday: the downside prevails as long as 82840 is resistance
Mar 31, 2025 4:05 AM
the downside prevails as long as 82840 is resistance.
Our pivot point stands at 82840.
Our preference:
the downside prevails as long as 82840 is resistance.
Alternative scenario:
above 82840, look for 84410 and 85340.
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 82136 and 82631).
Supports and resistances:
85340 **
84410 *
82840 **
82220
81608 last
79640
78710 **
77780 *
76840 **
Our preference:
the downside prevails as long as 82840 is resistance.
Alternative scenario:
above 82840, look for 84410 and 85340.
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 82136 and 82631).
Supports and resistances:
85340 **
84410 *
82840 **
82220
81608 last
79640
78710 **
77780 *
76840 **
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