Bitcoin / USD may rise to 67270 - 67870

Our pivot point stands at 65240.

Our preference

As long as 65240 is support look for 67870.

Alternative scenario

The downside breakout of 65240 would call for 64250 and 63660.

Comment

The RSI is above its neutrality area at 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 65843 and 64763).

Supports and resistances

69050 **

68460 *

67870 **

67270

66027 last

65630

65240 **

64250 *

63660 **

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