Bitcoin / USD may rise to 69280 - 70040

Our pivot point stands at 66730.

Our preference

As long as 66730 is support look for 70040.

Alternative scenario

The downside breakout of 66730 would call for 65450 and 64700.

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 above its 20 and 50 period moving average (respectively at 67740 and 67693).

Supports and resistances

71550 **

70790 *

70040 **

69280

67765 last

67220

66730 **

65450 *

64700 **

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