Bitcoin / Dollar intraday: as long as 107900 is support look for 110680
Our pivot point is at 107900.
Our preference:
As long as 107900 is support look for 110680.
Alternative scenario:
The downside breakout of 107900 would call for 106820 and 106170.
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 under its 20 period moving average (108877) but above its 50 period moving average (107851).
