Bitcoin / USD may rise to 69880 - 70640

Our pivot point is at 66840.

Our preference

Rebound towards 70640.

Alternative scenario

The downside breakout of 66840 would call for 65560 and 64810.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68064 and 68870).

Supports and resistances

72170 **

71410 *

70640 **

69880

67923 last

67340

66840 **

65560 *

64810 **

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