Bitcoin / USD may rise to 70870 - 71480

Our pivot point stands at 68610.

Our preference

As long as 68610 is support look for 71480.

Alternative scenario

Below 68610, expect 67580 and 66980.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 69553 and 68681).

Supports and resistances

72700 **

72090 *

71480 **

70870

69653 last

69010

68610 **

67580 *

66980 **

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