Bitcoin / USD may rise to 67850 - 68430

Our pivot point is at 65830.

Our preference

As long as 65830 is support look for 68430.

Alternative scenario

The downside breakout of 65830 would call for 64850 and 64270.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (66683) but above its 50 period moving average (65781).

Supports and resistances

69600 **

69020 *

68430 **

67850

66647 last

66210

65830 **

64850 *

64270 **

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