Bitcoin / USD may rise to 68880 - 69490

Our pivot point stands at 66780.

Our preference

As long as 66780 is support look for 69490.

Alternative scenario

The downside breakout of 66780 would call for 65750 and 65140.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (67742) but above its 50 period moving average (67487).

Supports and resistances

70710 **

70100 *

69490 **

68880

67645 last

67190

66780 **

65750 *

65140 **

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