Bitcoin / USD may rise to 68830 - 69450

Our pivot point is at 66690.

Our preference

Rebound towards 69450.

Alternative scenario

The downside breakout of 66690 would call for 65670 and 65060.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67615 and 68342).

Supports and resistances

70670 **

70060 *

69450 **

68830

67597 last

67100

66690 **

65670 *

65060 **

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