Bitcoin / Dollar intraday: the downside prevails as long as 70150 is resistance
Our pivot point stands at 70150.
Our preference:
The downside prevails as long as 70150 is resistance.
Alternative scenario:
The upside breakout of 70150, would call for 71650 and 72540.
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 69419 and 69857).
