Bitcoin / Dollar intraday: as long as 46930 is support look for 49070
Our pivot point stands at 46930.
Our preference: as long as 46930 is support look for 49070.
Alternative scenario: the downside breakout of 46930 would call for 46140 and 45680.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 47373 and 46497).
Supports and resistances:
50000 **
49530 *
49070 **
48600
47564 last
47230
46930 **
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