Bitcoin / Dollar intraday: the downside prevails as long as 18870 is resistance
Our pivot point stands at 18870.
Our preference:
The downside prevails as long as 18870 is resistance.
Alternative scenario:
The upside breakout of 18870, would call for 19330 and 19600.
Comment:
The RSI is below its neutrality area at 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 18964 and 18998).
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