Bitcoin / Dollar intraday: the upside prevails as long as 51030 is support
Our pivot point stands at 51030.
Our preference: the upside prevails as long as 51030 is support.
Alternative scenario: the downside breakout of 51030 would call for 50200 and 49710.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 51610 and 51524).
Supports and resistances:
54190 **
53700 *
53200 **
52710
51710 last
51360
51030 **
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