Bitcoin / USD may rise to 65810 - 66570

62990 is our pivot point.

Our preference

As long as 62990 is support look for 66570.

Alternative scenario

The downside breakout of 62990 would call for 61710 and 60940.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64054 and 62662).

Supports and resistances

68110 **

67340 *

66570 **

65810

64191 last

63500

62990 **

61710 *

60940 **

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