Bitcoin / Dollar intraday: the downside prevails as long as 89670 is resistance
Our pivot point is at 89670.
Our preference:
The downside prevails as long as 89670 is resistance.
Alternative scenario:
Above 89670, look for 90980 and 91760.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 89045 and 89102).
