Bitcoin Intraday: the downside prevails as long as 92010 is resistance
Bitcoin (BTC/USD)
+818.86+0.90%
the downside prevails as long as 92010 is resistance.
Our pivot point stands at 92010.
Our preference: the downside prevails as long as 92010 is resistance.
Alternative scenario: the upside breakout of 92010, would call for 93240 and 93980.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91335 and 91287).
Supports and resistances:
93980 **
93240 *
92010 **
91530
91041 last
89550
88820 **
88080 *
87350 **
Our preference: the downside prevails as long as 92010 is resistance.
Alternative scenario: the upside breakout of 92010, would call for 93240 and 93980.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91335 and 91287).
Supports and resistances:
93980 **
93240 *
92010 **
91530
91041 last
89550
88820 **
88080 *
87350 **
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