Bitcoin / Dollar intraday: the upside prevails as long as 41770 is support
Our pivot point is at 41770.
Our preference:
The upside prevails as long as 41770 is support.
Alternative scenario:
The downside breakout of 41770 would call for 40500 and 39750.
Comment:
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42223 and 42059).
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