Bitcoin / Dollar intraday: the downside prevails as long as 87490 is resistance
Our pivot point stands at 87490.
Our preference:
The downside prevails as long as 87490 is resistance.
Alternative scenario:
The upside breakout of 87490, would call for 88520 and 89130.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 87245 and 88140).
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