Bitcoin / Dollar intraday: the upside prevails as long as 58540 is support

Our pivot point stands at 58540.

Our preference:

The upside prevails as long as 58540 is support.

Alternative scenario:

Below 58540, expect 57380 and 56690.

Comment:

The RSI is above its neutrality area at 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 59002 and 58682).