Bitcoin / USD may rise to 66800 - 71000

Pivot

56000

Our preference

Long positions above 56000 with targets at 66800 & 71000 in extension.

Alternative scenario

Below 56000 look for further downside with 50800 & 47000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

73800

71000

66800

62957 Last

56000

50800

47000

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