Bitcoin / Dollar intraday: the downside prevails as long as 72050 is resistance
Our pivot point stands at 72050.
Our preference:
The downside prevails as long as 72050 is resistance.
Alternative scenario:
The upside breakout of 72050, would call for 73280 and 74010.
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 is trading under both its 20 and 50 period moving average (respectively at 71294 and 72433).
