Bitcoin / Dollar intraday: below its lower Bollinger band
Our pivot point stands at 63850.
Our preference:
The downside prevails as long as 63850 is resistance.
Alternative scenario:
The upside breakout of 63850, would call for 65110 and 65860.
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 stands below its 20 and 50 period moving average (respectively at 63334 and 63687). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (62772).
