Bitcoin / Dollar intraday: above its upper Bollinger band
61120 is our pivot point.
Our preference:
The upside prevails as long as 61120 is support.
Alternative scenario:
The downside breakout of 61120 would call for 60150 and 59570.
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61579 and 61208). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 61909).
