Bitcoin / USD may rise to 69910 - 70680

Our pivot point stands at 67160.

Our preference

Rebound.

Alternative scenario

Below 67160, expect 65880 and 65120.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (68082) but below its 50 period moving average (68436).

Supports and resistances

72210 **

71440 *

70680 **

69910

68386 last

67660

67160 **

65880 *

65120 **

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