Bitcoin / Dollar intraday: the upside prevails as long as 51540 is support
Our pivot point stands at 51540.
Our preference: the upside prevails as long as 51540 is support.
Alternative scenario: the downside breakout of 51540 would call for 50700 and 50200.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 51981 and 52096).
Supports and resistances:
54690 **
54200 *
53700 **
53200
52199 last
51870
51540 **
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