Bitcoin / Dollar intraday: the downside prevails as long as 20580 is resistance
Our pivot point stands at 20580.
Our preference:
The downside prevails as long as 20580 is resistance.
Alternative scenario:
The upside breakout of 20580, would call for 20930 and 21150.
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 20473 and 20615).
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