Bitcoin / Dollar intraday: the downside prevails as long as 87310 is resistance
87310 is our pivot point.
Our preference:
The downside prevails as long as 87310 is resistance.
Alternative scenario:
The upside breakout of 87310, would call for 88590 and 89350.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 86739 and 86903).
