Bitcoin / USD may rise to 67450 - 68040

Our pivot point stands at 65480.

Our preference

Rebound.

Alternative scenario

The downside breakout of 65480 would call for 64510 and 63930.

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 stands above its 20 period moving average (66087) but below its 50 period moving average (66338).

Supports and resistances

69200 **

68620 *

68040 **

67450

66266 last

65870

65480 **

64510 *

63930 **

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