Bitcoin / USD may rise to 68040 - 68630

Our pivot point is at 65670.

Our preference

Rebound towards 68630.

Alternative scenario

The downside breakout of 65670 would call for 64690 and 64110.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66650 and 67030).

Supports and resistances

69800 **

69210 *

68630 **

68040

66500 last

66060

65670 **

64690 *

64110 **

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