Bitcoin / Dollar intraday: the downside prevails as long as 17900 is resistance
Our pivot point is at 17900.
Our preference:
The downside prevails as long as 17900 is resistance.
Alternative scenario:
Above 17900, look for 18170 and 18330.
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 18018 and 18517).
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