Bitcoin / Dollar intraday: the downside prevails as long as 69830 is resistance
Our pivot point stands at 69830.
Our preference:
The downside prevails as long as 69830 is resistance.
Alternative scenario:
Above 69830, look for 71270 and 72120.
Comment:
The RSI is below its neutrality area at 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 68981 and 69241).
