Market Analysis of Bitcoin on Wednesday 4 March 2025

2026-03-04 02:20Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 67210 is support
 
Our pivot point stands at 67210.
 
Our preference:
The upside prevails as long as 67210 is support.
 
Alternative scenario:
Below 67210, expect 65670 and 64750.
 
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 68105 and 67970).

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