Bitcoin / USD may rise to 70460 - 71080

Our pivot point stands at 68360.

Our preference

The upside prevails as long as 68360 is support.

Alternative scenario

Below 68360, expect 67310 and 66680.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68859 and 68554).

Supports and resistances

72340 **

71710 *

71080 **

70460

69203 last

68770

68360 **

67310 *

66680 **

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