Bitcoin / Dollar intraday: the downside prevails as long as 86530 is resistance
Our pivot point stands at 86530.
Our preference:
The downside prevails as long as 86530 is resistance.
Alternative scenario:
The upside breakout of 86530, would call for 87800 and 88560.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 86506 and 86619).
