Bitcoin / Dollar intraday: the downside prevails as long as 52610 is resistance
Our pivot point is at 52610.
Our preference:
The downside prevails as long as 52610 is resistance.
Alternative scenario:
The upside breakout of 52610, would call for 53450 and 53940.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 52183 and 52102).
