Bitcoin / USD may rise to 69300 - 73840

Pivot

57000

Our preference

Long positions above 57000 with targets at 69300 & 73840 in extension.

Alternative scenario

Below 57000 look for further downside with 52600 & 49400 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

79000

73840

69300

64284 Last

57000

52600

49400

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