Bitcoin: the upside prevails as long 41130 is support.
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 42080 and 41923).
Our preference: The upside prevails as long as 41130 is support.
Alternative scenario: The downside breakout of 41130 would call for 39880 and 39140.
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 42080 and 41923).
Our preference: The upside prevails as long as 41130 is support.
Alternative scenario: The downside breakout of 41130 would call for 39880 and 39140.
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