Bitcoin / USD may rise to 69070 - 69680

Our pivot point is at 67000.

Our preference

As long as 67000 is support look for 69680.

Alternative scenario

Below 67000, expect 65970 and 65360.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67748 and 67546).

Supports and resistances

70910 **

70300 *

69680 **

69070

67835 last

67410

67000 **

65970 *

65360 **

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