Bitcoin / USD may rise to 65740 - 66320

Our pivot point stands at 63630.

Our preference

The upside prevails as long as 63630 is support.

Alternative scenario

The downside breakout of 63630 would call for 62660 and 62080.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63510 and 62975).

Supports and resistances

67480 **

66900 *

66320 **

65740

64390 last

64010

63630 **

62660 *

62080 **

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