Bitcoin / Dollar intraday: the upside prevails as long as 87470 is support
Our pivot point is at 87470.
Our preference:
The upside prevails as long as 87470 is support.
Alternative scenario:
The downside breakout of 87470 would call for 86160 and 85390.
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 87836 and 87195).
