Bitcoin / USD may rise to 67450 - 68030

Our pivot point is at 65480.

Our preference

The upside prevails as long as 65480 is support.

Alternative scenario

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

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66163 and 66224).

Supports and resistances

69190 **

68610 *

68030 **

67450

66264 last

65870

65480 **

64510 *

63930 **

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