Bitcoin / Dollar intraday: the upside prevails as long as 103400 is support
Our pivot point stands at 103400.
Our preference:
The upside prevails as long as 103400 is support.
Alternative scenario:
The downside breakout of 103400 would call for 102060 and 101260.
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 trading above both its 20 and 50 period moving average (respectively at 103315 and 102474).
