Bitcoin / Dollar intraday: as long as 46870 is resistance look for 43750
46870 is our pivot point.
Our preference:
As long as 46870 is resistance look for 43750.
Alternative scenario:
The upside breakout of 46870, would call for 47650 and 48120.
Comment:
The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (45644) but below its 50 period moving average (45832).
