Bitcoin / Dollar intraday: target 3748
Our pivot point stands at 4134.

Most likely scenario: target 3748.

Alternative scenario: above 4134, look for 4273 and 4355.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (4026) but above its 50 MA (3990).

Leave a Reply