Bitcoin / Dollar intraday: the downside prevails as long as 20040 is resistance
Our pivot point is at 20040.
Our preference:
The downside prevails as long as 20040 is resistance.
Alternative scenario:
Above 20040, look for 20430 and 20660.
Comment:
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 19823 and 19950).
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