Bitcoin / USD may rise to 66960 - 67550

Our pivot point stands at 64930.

Our preference

As long as 64930 is support look for 67550.

Alternative scenario

The downside breakout of 64930 would call for 63940 and 63350.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65699 and 65508).

Supports and resistances

68730 **

68140 *

67550 **

66960

65754 last

65320

64930 **

63940 *

63350 **

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