Bitcoin / USD may rise to 67960 - 68540

Our pivot point stands at 65660.

Our preference

The upside prevails as long as 65660 is support.

Alternative scenario

Below 65660, expect 64690 and 64100.

Comment

The RSI is above its neutrality area at 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 66176 and 66142). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (66657).

Supports and resistances

69710 **

69130 *

68540 **

67960

66719 last

66050

65660 **

64690 *

64100 **

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