Bitcoin / USD may rise to 69140 - 69900

Our pivot point is at 66610.

Our preference

Rebound towards 69900.

Alternative scenario

The downside breakout of 66610 would call for 65340 and 64580.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (67553) but under its 50 period moving average (67730).

Supports and resistances

71410 **

70660 *

69900 **

69140

67613 last

67100

66610 **

65340 *

64580 **

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