Bitcoin / USD may rise to 65640 - 66230

Our pivot point stands at 63560.

Our preference

The upside prevails as long as 63560 is support.

Alternative scenario

The downside breakout of 63560 would call for 62560 and 61960.

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 64178 and 64041).

Supports and resistances

67430 **

66830 *

66230 **

65640

64401 last

63950

63560 **

62560 *

61960 **

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