Bitcoin / Dollar intraday: the downside prevails as long as 116300 is resistance
116300 is our pivot point.
Our preference:
The downside prevails as long as 116300 is resistance.
Alternative scenario:
The upside breakout of 116300, would call for 117450 and 118140.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 115603 and 115753).