Bitcoin / Dollar intraday: the upside prevails as long as 71100 is support
71100 is our pivot point.
Our preference:
The upside prevails as long as 71100 is support.
Alternative scenario:
The downside breakout of 71100 would call for 69390 and 68370.
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 above its 20 and 50 period moving average (respectively at 71761 and 71601).
