Bitcoin / Dollar intraday: the upside prevails as long as 42340 is support
Our pivot point stands at 42340.
Our preference:
The upside prevails as long as 42340 is support.
Alternative scenario:
The downside breakout of 42340 would call for 41630 and 41210.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 42834 and 42847).
