Bitcoin / USD may rise to 67750 - 68310

Our pivot point stands at 65850.

Our preference

The upside prevails as long as 65850 is support.

Alternative scenario

The downside breakout of 65850 would call for 64910 and 64350.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 66206 and 66575).

Supports and resistances

69430 **

68870 *

68310 **

67750

66594 last

66220

65850 **

64910 *

64350 **

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