Bitcoin / Dollar intraday: target 25690
Our pivot point is at 26430.
Our preference: target 25690.
Alternative scenario: the upside breakout of 26430, would call for 26720 and 26900.
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 (26223) but above its 50 period moving average (26120).
Supports and resistances:
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