Bitcoin / Dollar intraday: the downside prevails as long as 48810 is resistance
Our pivot point is at 48810.
Our preference:
The downside prevails as long as 48810 is resistance.
Alternative scenario:
Above 48810, look for 50230 and 51070.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands above its 20 period moving average (47478) but below its 50 period moving average (47656).
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