Bitcoin / Dollar intraday: the upside prevails as long as 48000 is support
Our pivot point is at 48000.
Our preference:
The upside prevails as long as 48000 is support.
Alternative scenario:
Below 48000, expect 46540 and 45670.
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 48800 and 48729).
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