Bitcoin / Dollar intraday: our next up target stands at 22810
Our pivot point stands at 21700.
Our preference:
Our next up target stands at 22810.
Alternative scenario:
The downside breakout of 21700 would call for 21320 and 21090.
Comment:
The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 22042 and 22068).
