Bitcoin / Dollar intraday: the downside prevails as long as 28630 is resistance
Our pivot point is at 28630.
Our preference:
The downside prevails as long as 28630 is resistance.
Alternative scenario:
Above 28630, look for 29150 and 29460.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 28602 and 28818).
