Bitcoin / USD may rise to 68200 - 68870

Our pivot point stands at 65760.

Our preference

The upside prevails as long as 65760 is support.

Alternative scenario

Below 65760, expect 64640 and 63980.

Comment

The RSI is above its neutrality area at 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 65909 and 66183).

Supports and resistances

70210 **

69540 *

68870 **

68200

66653 last

66200

65760 **

64640 *

63980 **

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