Market Analysis of Bitcoin on Tuesday 31 March 2025

2026-03-31 02:15Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 68000 is resistance
 
Our pivot point stands at 68000.
 
Our preference:
The downside prevails as long as 68000 is resistance.
 
Alternative scenario:
The upside breakout of 68000, would call for 69590 and 70530.
 
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 stands below its 20 and 50 period moving average (respectively at 66859 and 67096).

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