Bitcoin / USD may rise to 69570 - 70260

Our pivot point is at 67080.

Our preference

Rebound.

Alternative scenario

Below 67080, expect 65940 and 65260.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (67656) but below its 50 period moving average (68256). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (68111).

Supports and resistances

71620 **

70940 *

70260 **

69570

68209 last

67530

67080 **

65940 *

65260 **

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