Bitcoin / USD may rise to 68780 - 69400

66710 is our pivot point.

Our preference

The upside prevails as long as 66710 is support.

Alternative scenario

The downside breakout of 66710 would call for 65680 and 65070.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67370 and 67265).

Supports and resistances

70620 **

70010 *

69400 **

68780

67561 last

67110

66710 **

65680 *

65070 **

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