Bitcoin / Dollar intraday: as long as 69910 is support look for 73880
Our pivot point is at 69910.
Our preference:
As long as 69910 is support look for 73880.
Alternative scenario:
The downside breakout of 69910 would call for 69020 and 68490.
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 (70950) but above its 50 period moving average (70227).
