Bitcoin / Dollar intraday: the upside prevails as long as 29710 is support
Our pivot point stands at 29710.
Our preference: the upside prevails as long as 29710 is support.
Alternative scenario: below 29710, expect 29380 and 29180.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 29892 and 29923).
Supports and resistances:
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