Bitcoin / Dollar intraday: the downside prevails as long as 23640 is resistance
Our pivot point stands at 23640.
Our preference:
The downside prevails as long as 23640 is resistance.
Alternative scenario:
The upside breakout of 23640, would call for 24030 and 24250.
Comment:
The RSI is below 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 23417 and 23398).
