Bitcoin / USD may rise to 72630 - 73380

Our pivot point is at 70140.

Our preference

As long as 70140 is support look for 73380.

Alternative scenario

The downside breakout of 70140 would call for 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 (71172) but above its 50 period moving average (71078).

Supports and resistances

74870 **

74120 *

73380 **

72630

71142 last

70630

70140 **

68880 *

68140 **

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