Bitcoin / USD may rise to 71100 - 71830

68680 is our pivot point.

Our preference

As long as 68680 is support look for 71830.

Alternative scenario

The downside breakout of 68680 would call for 67450 and 66720.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (69655) but above its 50 period moving average (69474).

Supports and resistances

73290 **

72560 *

71830 **

71100

69639 last

69160

68680 **

67450 *

66720 **

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