Bitcoin / Dollar intraday: the downside prevails as long as 88460 is resistance
Our pivot point stands at 88460.
Our preference:
The downside prevails as long as 88460 is resistance.
Alternative scenario:
The upside breakout of 88460, would call for 89760 and 90530.
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 87553 and 87761).
