Bitcoin / USD may rise to 67400 - 67980

Our pivot point is at 65430.

Our preference

Our next up target stands at 67980.

Alternative scenario

The downside breakout of 65430 would call for 64450 and 63870.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 65905 and 66161).

Supports and resistances

69140 **

68560 *

67980 **

67400

66236 last

65810

65430 **

64450 *

63870 **

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