Bitcoin / Dollar intraday: look for a drop towards 89140 before a bounce
89140 is our pivot point.
Our preference:
Look for a drop towards 89140 before a bounce.
Alternative scenario:
Below 89140, expect 87920 and 87190.
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is above its 20 and 50 period moving average (respectively at 90728 and 90640).
