Bitcoin / Dollar intraday: the upside prevails as long as 55670 is support
Our pivot point is at 55670.
Our preference:
The upside prevails as long as 55670 is support.
Alternative scenario:
The downside breakout of 55670 would call for 53980 and 52970.
Comment:
The RSI is above 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 56589 and 56762).
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