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BTC Bitcoin / Dollar intraday: the downside prevails as long as 34370 is resistance

BTC may fall 570 - 850 USD

35,130.00Resistance * * *34,850.00Resistance * *34,370.00Resistance *34,000.00Last34,370.00Pivot33,430.00Support *33,150.00Support * *32,870.00Support * * *

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 34071 and 34129).

Alternative scenario

Above 34370, look for 34850 and 35130.

#btc/usdt