Bitcoin / USD may rise to 73800 - 78700

Pivot

60000

Our preference

Long positions above 60000 with targets at 73800 & 78700 in extension.

Alternative scenario

Below 60000 look for further downside with 53000 & 49000 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

82870

78700

73800

68889 Last

60000

53000

49000

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