Bitcoin / USD may rise to 69220 - 69820

Our pivot point is at 67130.

Our preference

Rebound.

Alternative scenario

Below 67130, expect 66130 and 65530.

Comment

The RSI is above its neutrality area at 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 trading above its 20 period moving average (67605) but under its 50 period moving average (68121).

Supports and resistances

71010 **

70420 *

69820 **

69220

67936 last

67520

67130 **

66130 *

65530 **

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