Bitcoin / USD may rise to 67580 - 68240

65290 is our pivot point.

Our preference

The upside prevails as long as 65290 is support.

Alternative scenario

The downside breakout of 65290 would call for 64180 and 63520.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66131 and 66163). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (66247).

Supports and resistances

69570 **

68900 *

68240 **

67580

66250 last

65730

65290 **

64180 *

63520 **

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