Bitcoin Technical Analysis : BTC/USD 25 March 2021

25 March 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 25 March 2021

Bitcoin Technical Analysis : BTCUSD

Date : 25 March 2021

Pivot point : 51449

Our preference : rebound towards 56104.

Alternative scenario : below 51449, expect 49849 and 48897.

Comment : the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (52660) but under its 50 period moving average (54583).

Supports and resistances :

57065 **
56104 *
55142
53134 – Last price
51449
49849 *
48897 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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