Bitcoin / Dollar intraday: target 122380
125810 is our pivot point.
Our preference:
Target 122380.
Alternative scenario:
Above 125810, look for 127130 and 127920.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (125195) but above its 50 period moving average (124491).
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