Bitcoin / Dollar intraday: the downside prevails as long as 38760 is resistance
Our pivot point stands at 38760.
Our preference:
The downside prevails as long as 38760 is resistance.
Alternative scenario:
Above 38760, look for 39880 and 40550.
Comment:
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 38968 and 38933).
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