Our pivot point stands at 44170.

Our preference

The downside prevails as long as 44170 is resistance.

Alternative scenario

The upside breakout of 44170, would call for 44900 and 45330.

Comment

The RSI is below 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 43687 and 43710). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 43546).