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Bitcoin / Dollar intraday: the downside prevails as long as 72980 is resistance
2024-03-12
839
Our pivot point stands at 72980.
Our preference: the downside prevails as long as 72980 is resistance.
Alternative scenario: the upside breakout of 72980, would call for 74230 and 74970.
Comment: the RSI is below its neutrality area at 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 72001 and 72102).
Supports and resistances:
74970 **
74230 *
72980 **
72490
71935 last
70450
69700 **
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