Bitcoin / Dollar intraday: under pressure below 79490
Our pivot point stands at 79490.
Our preference:
Under pressure below 79490.
Alternative scenario:
The upside breakout of 79490, would call for 80680 and 81390.
Comment:
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 78760 and 78545).
