Bitcoin / USD may rise to 72000 - 72740

Our pivot point stands at 69110.

Our preference

The upside prevails as long as 69110 is support.

Alternative scenario

Below 69110, expect 67880 and 67150.

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 69869 and 69357).

Supports and resistances

74220 **

73480 *

72740 **

72000

70284 last

69600

69110 **

67880 *

67150 **

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