Bitcoin / Dollar intraday: the upside prevails as long as 88540 is support
Our pivot point stands at 88540.
Our preference:
The upside prevails as long as 88540 is support.
Alternative scenario:
The downside breakout of 88540 would call for 87450 and 86800.
Comment:
The RSI is above its neutrality area at 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 88442 and 88290).
