Bitcoin Intraday: as long as 70050 is support look for 73290

Our pivot point stands at 70050.

Our preference: as long as 70050 is support look for 73290.

Alternative scenario: below 70050, expect 68800 and 68050.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 70705 and 69959).

Supports and resistances:
74780 **
74030 *
73290 **
72540
71055 last
70540
70050 **
68800 *
68050 **