Bitcoin / Dollar intraday: as long as 29920 is support look for 31520
Our pivot point stands at 29920.
Our preference:
As long as 29920 is support look for 31520.
Alternative scenario:
Below 29920, expect 29300 and 28940.
Comment:
The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 30387 and 30239).