Bitcoin / Dollar intraday: the upside prevails as long as 110370 is support
Our pivot point stands at 110370.
Our preference:
The upside prevails as long as 110370 is support.
Alternative scenario:
Below 110370, expect 109200 and 108490.
Comment:
The RSI is above 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 110284 and 109414).