Bitcoin / Dollar intraday: the downside prevails as long as 20140 is resistance
20140 is our pivot point.
Our preference:
The downside prevails as long as 20140 is resistance.
Alternative scenario:
Above 20140, look for 20540 and 20770.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 19936 and 20039).
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