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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-03-29
485
71500 is our pivot point.
Our preference: the downside prevails as long as 71500 is resistance.
Alternative scenario: the upside breakout of 71500, would call for 73020 and 73930.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 70550 and 70677). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 70003).
Supports and resistances:
73930 **
73020 *
71500 **
70900
69920 last
68050
67150 **
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