Bitcoin / Dollar intraday: the upside prevails as long as 40700 is support
Our pivot point is at 40700.
Our preference:
The upside prevails as long as 40700 is support.
Alternative scenario:
Below 40700, expect 39460 and 38730.
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 41622 and 41599).
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