Bitcoin / USD may rise to 70290 - 71080

Our pivot point is at 67580.

Our preference

As long as 67580 is support look for 71080.

Alternative scenario

The downside breakout of 67580 would call for 66250 and 65460.

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 (68709) but above its 50 period moving average (68188).

Supports and resistances

72660 **

71870 *

71080 **

70290

68624 last

68100

67580 **

66250 *

65460 **

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