Bitcoin / Dollar intraday: under pressure below 40500
40500 is our pivot point.
Our preference: under pressure below 40500.
Alternative scenario: above 40500, look for 41190 and 41600.
Comment: the RSI is below 50. The MACD is below its signal line and positive. 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 40008 and 39966).
Supports and resistances:
41600 **
41190 *
40500 **
40230
39960 last
39100
38690 **
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