Bitcoin / Dollar intraday: our next up target stands at 51600
Our pivot point is at 47820.
Our preference:
Our next up target stands at 51600.
Alternative scenario:
Below 47820, expect 46370 and 45500.
Comment:
The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 48831 and 48983).
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