Bitcoin / Dollar intraday: under pressure below 42770
42770 is our pivot point.
Our preference: under pressure below 42770.
Alternative scenario: above 42770, look for 43500 and 43930.
Comment: the RSI is below its neutrality area at 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 42138 and 42225).
Supports and resistances:
43930 **
43500 *
42770 **
42490
42090 last
41230
40800 **
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