Bitcoin / Dollar intraday: as long as 26920 is support look for 27750
Our pivot point stands at 26920.
Our preference:
As long as 26920 is support look for 27750.
Alternative scenario:
The downside breakout of 26920 would call for 26610 and 26430.
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (27198) but above its 50 period moving average (26988).
