Bitcoin / USD may rise to 69220 - 69820

Our pivot point stands at 67160.

Our preference

As long as 67160 is support look for 69820.

Alternative scenario

The downside breakout of 67160 would call for 66160 and 65570.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67922 and 67685).

Supports and resistances

71010 **

70410 *

69820 **

69220

67950 last

67560

67160 **

66160 *

65570 **

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