Bitcoin / USD may rise to 65490 - 66050

Our pivot point is at 63490.

Our preference

Look for a drop towards 63490 before a bounce.

Alternative scenario

The downside breakout of 63490 would call for 62550 and 61980.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading under its 20 period moving average (64465) but above its 50 period moving average (64213).

Supports and resistances

67180 **

66620 *

66050 **

65490

64313 last

63860

63490 **

62550 *

61980 **

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