Market Analysis of Bitcoin on Friday 27 February 2025

2026-02-27 03:06Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 70150
 
66410 is our pivot point.
 
Our preference:
Rebound towards 70150.
 
Alternative scenario:
The downside breakout of 66410 would call for 64970 and 64110.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (67371) but below its 50 period moving average (67879).

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