Bitcoin / USD may rise to 72540 - 73290

Our pivot point stands at 70050.

Our preference

As long as 70050 is support look for 73290.

Alternative scenario

Below 70050, expect 68800 and 68050.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 70705 and 69959).

Supports and resistances

74780 **

74030 *

73290 **

72540

71055 last

70540

70050 **

68800 *

68050 **

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