Bitcoin / Dollar intraday: the downside prevails as long as 39340 is resistance
39340 is our pivot point.
Our preference:
The downside prevails as long as 39340 is resistance.
Alternative scenario:
Above 39340, look for 40480 and 41160.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading above its 20 period moving average (38194) but under its 50 period moving average (38597).
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