Bitcoin / Dollar intraday: the downside prevails as long as 27670 is resistance
Our pivot point stands at 27670.
Our preference:
The downside prevails as long as 27670 is resistance.
Alternative scenario:
The upside breakout of 27670, would call for 28000 and 28200.
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 is trading under both its 20 and 50 period moving average (respectively at 27457 and 27556).
