Bitcoin / Dollar intraday: as long as 118010 is support look for 121410
Our pivot point stands at 118010.
Our preference:
As long as 118010 is support look for 121410.
Alternative scenario:
The downside breakout of 118010 would call for 116750 and 116000.
Comment:
The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 118896 and 118301).