Bitcoin / Dollar intraday: the downside prevails as long as 58580 is resistance
Our pivot point is at 58580.
Our preference:
The downside prevails as long as 58580 is resistance.
Alternative scenario:
The upside breakout of 58580, would call for 60280 and 61290.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 57821 and 57453).
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