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Market Analysis of Bitcoin on Monday 2 March 2025

02/03/2026 02:13:31Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 67220 is resistance
 
Our pivot point stands at 67220.
 
Our preference:
The downside prevails as long as 67220 is resistance.
 
Alternative scenario:
Above 67220, look for 68630 and 69480.
 
Comment:
The RSI is below 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 66165 and 66632).

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