Bitcoin / USD may rise to 68710 - 69320

Our pivot point stands at 66660.

Our preference

Rebound towards 69320.

Alternative scenario

The downside breakout of 66660 would call for 65630 and 65020.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (67489) but below its 50 period moving average (67982).

Supports and resistances

70540 **

69930 *

69320 **

68710

67489 last

67060

66660 **

65630 *

65020 **

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