Bitcoin / Dollar intraday: below its lower Bollinger band
Our pivot point is at 23740.
Our preference:
The downside prevails as long as 23740 is resistance.
Alternative scenario:
Above 23740, look for 24130 and 24360.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 23655 and 23541). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (23421).
