Bitcoin / USD may rise to 69140 - 69710

Our pivot point is at 67140.

Our preference

As long as 67140 is support look for 69710.

Alternative scenario

The downside breakout of 67140 would call for 66190 and 65620.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (68013) but above its 50 period moving average (67566).

Supports and resistances

70850 **

70280 *

69710 **

69140

68000 last

67520

67140 **

66190 *

65620 **

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