Bitcoin / Dollar intraday: the upside prevails as long as 47970 is support
Our pivot point is at 47970.
Our preference:
The upside prevails as long as 47970 is support.
Alternative scenario:
Below 47970, expect 46520 and 45650.
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 47744 and 48024).
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