Market Analysis of Bitcoin on Friday 24 April 2025

2026-04-24 02:09Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 77270 is support
 
Our pivot point stands at 77270.
 
Our preference:
The upside prevails as long as 77270 is support.
 
Alternative scenario:
The downside breakout of 77270 would call for 75990 and 75220.
 
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 78050 and 77968).

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