Bitcoin / USD may rise to 68360 - 68920

Our pivot point stands at 66430.

Our preference

The upside prevails as long as 66430 is support.

Alternative scenario

The downside breakout of 66430 would call for 65480 and 64920.

Comment

The RSI is above 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 66421 and 66571).

Supports and resistances

70050 **

69490 *

68920 **

68360

67218 last

66800

66430 **

65480 *

64920 **

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