Bitcoin / Dollar intraday: the upside prevails as long as 117800 is support
Our pivot point is at 117800.
Our preference:
The upside prevails as long as 117800 is support.
Alternative scenario:
Below 117800, expect 116600 and 115890.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 118267 and 118539).