Bitcoin/Dollar Levels: The downside prevails as long as 6581 is resistance
|Bitcoin/Dollar
The downside prevails as long as 6581 is resistance
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Our pivot (invalidation) point is at 6581.
Our preference
The downside prevails as Long as 6581 is resistance.
Alternative scenario
Above 6581, look for 6794 and 6921.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 6450 and 6507).
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