Bitcoin / USD may rise to 43360 - 43800



Our pivot point is at 41860.

Our preference

The upside prevails as long as 41860 is support.

Alternative scenario

The downside breakout of 41860 would call for 41130 and 40700.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42282 and 41989).
BTC-0.23%
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