Bitcoin / Dollar intraday: the upside prevails as long as 73860 is support
Our pivot point is at 73860.
Our preference:
The upside prevails as long as 73860 is support.
Alternative scenario:
The downside breakout of 73860 would call for 72650 and 71930.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 74508 and 74322).
