Bitcoin / Dollar intraday: target 50250
Our pivot point stands at 52780.
Our preference: target 50250.
Alternative scenario: above 52780, look for 53610 and 54110.
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 is below its 20 period moving average (52075) but above its 50 period moving average (51676).
Supports and resistances:
54110 **
53610 *
52780 **
52450
51870 last
50750
50250 **
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