Bitcoin / Dollar intraday: the upside prevails as long as 122510 is support
Our pivot point stands at 122510.
Our preference:
The upside prevails as long as 122510 is support.
Alternative scenario:
The downside breakout of 122510 would call for 121200 and 120420.
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 123053 and 123442).
