Bitcoin / Dollar intraday: above its upper Bollinger band

Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point stands at 3940.

Most likely scenario: the upside prevails as long as 3940 is support.

Alternative scenario: below 3940, expect 3828 and 3761.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 4021 and 4018). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 4033).

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