Bitcoin / Dollar intraday: as long as 116540 is support look for 119570
Our pivot point is at 116540.
Our preference:
As long as 116540 is support look for 119570.
Alternative scenario:
The downside breakout of 116540 would call for 115390 and 114710.
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 116968 and 115951).
