|Bitcoin / Dollar intraday: the downside prevails as long as 3789 is resistance|
|Our pivot point stands at 3789.
Most likely scenario: the downside prevails as long as 3789 is resistance.
Alternative scenario: the upside breakout of 3789, would call for 3904 and 3972.
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 pair is trading under both its 20 and 50 MAs (respectively at 3715 and 3751).