Bitcoin / USD may rise to 71510 - 72320

Our pivot point stands at 68840.

Our preference

Rebound towards 72320.

Alternative scenario

The downside breakout of 68840 would call for 67480 and 66680.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69956 and 70164).

Supports and resistances

73930 **

73120 *

72320 **

71510

69900 last

69370

68840 **

67480 *

66680 **

Number of asterisks represents the strength of support and resistance levels.