BTC may rise 1948.00- 2908.00 USD

Our preference

The upside prevails as long as 67500 is support.

72,710.00 Resistance...

71,740.00 Resistance ..

70,780.00 Resistance.

68,832.00 Last

67,500.00 Pivot

67,500.00 Support.

65,880.00 Support..

64,920.00 Support...

The RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67977 and 67387).

Alternative scenario

Below 67500, expect 65880 and 64920.

$BTC

BTC
BTCUSDT
74,380
+4.75%

#BTC70K✈️