Bitcoin / USD may rise to 69760 - 70380

Our pivot point is at 67670.

Our preference

As long as 67670 is support look for 70380.

Alternative scenario

The downside breakout of 67670 would call for 66620 and 66000.

Comment

The RSI is above 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 68483 and 68359).

Supports and resistances

71620 **

71000 *

70380 **

69760

68498 last

68080

67670 **

66620 *

66000 **

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