Bitcoin / USD may rise to 70060 - 70830

Our pivot point is at 67470.

Our preference

As long as 67470 is support look for 70830.

Alternative scenario

Below 67470, expect 66190 and 65420.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68524) but above its 50 period moving average (68242).

Supports and resistances

72360 **

71590 *

70830 **

70060

68485 last

67980

67470 **

66190 *

65420 **

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