Market Analysis of Bitcoin on Thursday 26 February 2025

2026-02-26 06:28Source:BtcDana

Bitcoin / Dollar intraday: as long as 67070 is support look for 71300
 
67070 is our pivot point.
 
Our preference:
As long as 67070 is support look for 71300.
 
Alternative scenario:
Below 67070, expect 65610 and 64740.
 
Comment:
The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (68292) but above its 50 period moving average (66473).

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