Bitcoin / Dollar intraday: the downside prevails as long as 69360 is resistance
Our pivot point stands at 69360.
Our preference:
The downside prevails as long as 69360 is resistance.
Alternative scenario:
Above 69360, look for 70960 and 71920.
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 is trading under both its 20 and 50 period moving average (respectively at 68340 and 68350).
