Bitcoin / Dollar intraday: as long as 42470 is support look for 44430
Our pivot point is at 42470.
Our preference: as long as 42470 is support look for 44430.
Alternative scenario: the downside breakout of 42470 would call for 41720 and 41260.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 43048 and 42571).
Supports and resistances:
45330 **
44880 *
44430 **
43970
43070 last
42770
42470 **
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