$BTC Bitcoin / Dollar intraday: the downside prevails as long as 93720 is resistance

BTC may fall 2597.00 - 3787.00 USD

Our preference

The downside prevails as long as 93720 is resistance.

96,920.00 Resistance •••

95,720.00 Resistance ••

93,720.00 Resistance •

92,047.00 Last

93,720.00 Pivot

89,450.00 Support •

88,260.00 Support ••

87,070.00 Support ••.

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 price is trading under both its 20 and 50 period moving average (respectively at 92906 and 93334).

Alternative scenario

Above 93720, look for 95720 and 96920.