Bitcoin / Dollar intraday: the downside prevails as long as 108120 is resistance
108120 is our pivot point.
Our preference:
The downside prevails as long as 108120 is resistance.
Alternative scenario:
Above 108120, look for 109380 and 110130.
Comment:
The RSI is below 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 107374 and 107781).