Bitcoin / USD may rise to 68420 - 69030

Our pivot point stands at 66300.

Our preference

As long as 66300 is support look for 69030.

Alternative scenario

The downside breakout of 66300 would call for 65280 and 64670.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67082 and 66585).

Supports and resistances

70250 **

69640 *

69030 **

68420

67207 last

66700

66300 **

65280 *

64670 **

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