Bitcoin / Dollar intraday: target 40360
Our pivot point stands at 43720.
Our preference:
Target 40360.
Alternative scenario:
Above 43720, look for 44990 and 45740.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (42747) but above its 50 period moving average (42242).
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