Bitcoin / USD may rise to 68580 - 69190

Our pivot point stands at 66530.

Our preference

Rebound towards 69190.

Alternative scenario

The downside breakout of 66530 would call for 65510 and 64900.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67491 and 67853).

Supports and resistances

70400 **

69800 *

69190 **

68580

67344 last

66930

66530 **

65510 *

64900 **

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