BITCOIN

Bitcoin / Dollar intraday: the upside prevails as long as 6206 is support
Our pivot point stands at 6206.

Most likely scenario: the upside prevails as long as 6206 is support.

Alternative scenario: the downside breakout of 6206 would call for 6045 and 5949.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 6313 and 6299).

Leave a Reply