Bitcoin / Dollar intraday: the upside prevails as long as 42980 is support
Our pivot point is at 42980.
Our preference: the upside prevails as long as 42980 is support.
Alternative scenario: below 42980, expect 42210 and 41750.
Comment: the RSI is above its neutrality area at 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 43438 and 43380).
Supports and resistances:
46040 **
45590 *
45130 **
44670
43637 last
43280
42980 **
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