Bitcoin / USD may rise to 68150 - 68750

Our pivot point stands at 65800.

Our preference

The upside prevails as long as 65800 is support.

Alternative scenario

The downside breakout of 65800 would call for 64780 and 64180.

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 above its 20 and 50 period moving average (respectively at 66269 and 65959).

Supports and resistances

69960 **

69360 *

68750 **

68150

66862 last

66200

65800 **

64780 *

64180 **

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