Bitcoin / Dollar intraday: the downside prevails as long as 109200 is resistance
Our pivot point stands at 109200.
Our preference:
The downside prevails as long as 109200 is resistance.
Alternative scenario:
Above 109200, look for 110340 and 111020.
Comment:
The RSI is below its neutrality area at 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 108833 and 108801).
