Bitcoin / Dollar intraday: the upside prevails as long as 87120 is support
Our pivot point is at 87120.
Our preference:
The upside prevails as long as 87120 is support.
Alternative scenario:
The downside breakout of 87120 would call for 86070 and 85450.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87851 and 87646).
