Market Analysis of Bitcoin on Tuesday 24 February 2025

2026-02-24 03:38Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 67260
 
Our pivot point stands at 63740.
 
Our preference:
Rebound towards 67260.
 
Alternative scenario:
The downside breakout of 63740 would call for 62390 and 61580.
 
Comment:
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 64939 and 65453).

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