|Bitcoin / Dollar intraday: target 3588|
|Our pivot point is at 3967.
Most likely scenario: target 3588.
Alternative scenario: above 3967, look for 4111 and 4198.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (3872) but above its 50 MA (3839).