Bitcoin / Dollar intraday: the upside prevails as long as 76160 is support
76160 is our pivot point.
Our preference:
The upside prevails as long as 76160 is support.
Alternative scenario:
The downside breakout of 76160 would call for 75170 and 74580.
Comment:
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76673 and 76854).
