Bitcoin / Dollar intraday: the upside prevails as long as 39460 is support
39460 is our pivot point.
Our preference:
The upside prevails as long as 39460 is support.
Alternative scenario:
The downside breakout of 39460 would call for 38770 and 38360.
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 trading above both its 20 and 50 period moving average (respectively at 39830 and 39408).
