Bitcoin / Dollar intraday: below its lower Bollinger band
Our pivot point is at 66970.
Our preference:
The downside prevails as long as 66970 is resistance.
Alternative scenario:
The upside breakout of 66970, would call for 67740 and 68200.
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 67218 and 68960). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (66235).
