Bitcoin / USD may rise to 70600 - 71370

67590 is our pivot point.

Our preference

The upside prevails as long as 67590 is support.

Alternative scenario

The downside breakout of 67590 would call for 66300 and 65530.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68492 and 68015).

Supports and resistances

72920 **

72140 *

71370 **

70600

68677 last

68090

67590 **

66300 *

65530 **

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