Bitcoin / Dollar intraday: the upside prevails as long as 56100 is support
56100 is our pivot point.
Our preference:
The upside prevails as long as 56100 is support.
Alternative scenario:
The downside breakout of 56100 would call for 54390 and 53380.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 57117 and 56755).
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