Bitcoin / Dollar intraday: as long as 51410 is support look for 53560
Our pivot point stands at 51410.
Our preference: as long as 51410 is support look for 53560.
Alternative scenario: the downside breakout of 51410 would call for 50580 and 50080.
Comment: the RSI is above 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 52018 and 51946).
Supports and resistances:
54550 **
54050 *
53560 **
53070
52078 last
51730
51410 **
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