Bitcoin / USD may rise to 71080 - 71810

Our pivot point stands at 68630.

Our preference

As long as 68630 is support look for 71810.

Alternative scenario

The downside breakout of 68630 would call for 67400 and 66670.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (69655) but above its 50 period moving average (69518).

Supports and resistances

73270 **

72540 *

71810 **

71080

69625 last

69110

68630 **

67400 *

66670 **

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