Bitcoin / USD may rise to 68340 - 68940

Our pivot point stands at 66320.

Our preference

As long as 66320 is support look for 68940.

Alternative scenario

Below 66320, expect 65300 and 64690.

Comment

The RSI is above 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 66922 and 66304).

Supports and resistances

70160 **

69550 *

68940 **

68340

67120 last

66720

66320 **

65300 *

64690 **

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