Bitcoin / USD may rise to 72640 - 73390

Our pivot point stands at 70130.

Our preference

As long as 70130 is support look for 73390.

Alternative scenario

Below 70130, expect 68880 and 68140.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (71237) but above its 50 period moving average (71049).

Supports and resistances

74880 **

74130 *

73390 **

72640

71125 last

70620

70130 **

68880 *

68140 **

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