Bitcoin / USD may rise to 68330 - 68940

Our pivot point is at 66180.

Our preference

As long as 66180 is support look for 68940.

Alternative scenario

Below 66180, expect 65170 and 64560.

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 66605 and 66096).

Supports and resistances

70150 **

69550 *

68940 **

68330

66996 last

66580

66180 **

65170 *

64560 **

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