Bitcoin / Dollar intraday: as long as 122270 is support look for 125760
Our pivot point stands at 122270.
Our preference:
As long as 122270 is support look for 125760.
Alternative scenario:
The downside breakout of 122270 would call for 120910 and 120100.
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 123246 and 122558).
