Bitcoin / USD may rise to 70370 - 71170

Our pivot point is at 67680.

Our preference

Rebound.

Alternative scenario

Below 67680, expect 66350 and 65560.

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 call for further upside. Moreover, the price stands above its 20 period moving average (68695) but below its 50 period moving average (68819).

Supports and resistances

72750 **

71960 *

71170 **

70370

68725 last

68200

67680 **

66350 *

65560 **

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