Bitcoin / Dollar intraday: the upside prevails as long as 34116 is support
34116 is our pivot point.
Our preference: the upside prevails as long as 34116 is support.
Alternative scenario: below 34116, expect 33210 and 32671.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 34581 and 34164).
Supports and resistances:
37681 **
37139 *
36598 **
36057
34888 last
34471
34116 **

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