Bitcoin / USD may rise to 67960 - 68630

65740 is our pivot point.

Our preference

As long as 65740 is support look for 68630.

Alternative scenario

The downside breakout of 65740 would call for 64610 and 63950.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66572 and 66402).

Supports and resistances

69970 **

69300 *

68630 **

67960

66630 last

66180

65740 **

64610 *

63950 **

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