Bitcoin / USD may rise to 70910 - 71640

Our pivot point stands at 68470.

Our preference

Our next up target stands at 71640.

Alternative scenario

Below 68470, expect 67250 and 66520.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 69385 and 69361).

Supports and resistances

73100 **

72370 *

71640 **

70910

69449 last

68960

68470 **

67250 *

66520 **

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