Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point is at 77640.
Our preference:
The upside prevails as long as 77640 is support.
Alternative scenario:
Below 77640, expect 76350 and 75580.
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 78249 and 78008). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (78671).
