Bitcoin / Dollar intraday: below its lower Bollinger band
Our pivot point is at 59100.
Our preference:
Rebound towards 61470.
Alternative scenario:
Below 59100, expect 58250 and 57750.
Comment:
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60232 and 60913). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 59860).
