Bitcoin / Dollar intraday: below its lower Bollinger band
Our pivot point stands at 68280.
Our preference: the downside prevails as long as 68280 is resistance.
Alternative scenario: the upside breakout of 68280, would call for 69440 and 70140.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68055 and 68002). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (67138).
Supports and resistances:
70140 **
69440 *
68280 **
67820
66941 last
65520
64830 **
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