Bitcoin / USD may rise to 69130 - 69740

Our pivot point is at 67040.

Our preference

As long as 67040 is support look for 69740.

Alternative scenario

Below 67040, expect 66010 and 65400.

Comment

The RSI is above 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 67779 and 67383).

Supports and resistances

70970 **

70360 *

69740 **

69130

67854 last

67450

67040 **

66010 *

65400 **

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