Bitcoin / Dollar intraday: the downside prevails as long as 29580 is resistance
29580 is our pivot point.
Our preference:
The downside prevails as long as 29580 is resistance.
Alternative scenario:
The upside breakout of 29580, would call for 29910 and 30100.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 29377 and 29353).
