Bitcoin / Dollar intraday: the downside prevails as long as 19340 is resistance
Our pivot point is at 19340.
Our preference:
The downside prevails as long as 19340 is resistance.
Alternative scenario:
The upside breakout of 19340, would call for 19690 and 19890.
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 19170 and 19146).
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