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Bitcoin (BTCUSD) is stable in positive areas- Analysis-03-03-2026
Bitcoin’s price (BTCUSD) settles on clear gains in its recent intraday trading, after breaching $68,000 resistance, in technical signals that reinforces the strength if the current bullish momentum, leaning on a key dynamic support that is represented by its stability above EMA50, supporting the continuation of the dominant bullish correction on short-term basis.
This positive overview is reinforced by the emergence of positive signals from relative strength indicators, despite reaching sharp overbought levels, indicating the strength of the current momentum, with the possibility of a temporary pullback remaining in play if profit-taking intensifies.
Therefore, we suggest a rise in BTCUSD in its upcoming intraday trading, conditioned by its stability above $68,000, to target the next resistance at $72,000.
Expected trading range is bewteen$66,000 support and $72,000 resistance.
Today’s forecast: Bullish
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