Bitcoin / USD may rise to 70650 - 71440

Our pivot point is at 67950.

Our preference

Our next up target stands at 71440.

Alternative scenario

Below 67950, expect 66620 and 65820.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68705 and 68910).

Supports and resistances

73030 **

72240 *

71440 **

70650

69008 last

68480

67950 **

66620 *

65820 **

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