Market Analysis of Bitcoin on Wednesday 01 April 2025

2026-04-01 02:39Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 66800 is support
 
Our pivot point stands at 66800.
 
Our preference:
The upside prevails as long as 66800 is support.
 
Alternative scenario:
The downside breakout of 66800 would call for 65200 and 64250.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67708 and 67367).

Analyst Views Chart

More