Bitcoin / Dollar intraday: the downside prevails as long as 71170 is resistance
71170 is our pivot point.
Our preference:
The downside prevails as long as 71170 is resistance.
Alternative scenario:
Above 71170, look for 72830 and 73810.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70416 and 70174).
