Bitcoin / Dollar intraday: the downside prevails as long as 42840 is resistance
Our pivot point stands at 42840.
Our preference:
The downside prevails as long as 42840 is resistance.
Alternative scenario:
The upside breakout of 42840, would call for 43550 and 43970.
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 42484 and 42679).
