Bitcoin / USD may rise to 68540 - 69100

Our pivot point stands at 66620.

Our preference

Rise to 69100.

Alternative scenario

Below 66620, expect 65670 and 65100.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under its 20 period moving average (67382) but above its 50 period moving average (67307).

Supports and resistances

70230 **

69670 *

69100 **

68540

67361 last

66990

66620 **

65670 *

65100 **

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