Bitcoin Intraday: the upside prevails as long as 70200 is support

Our pivot point is at 70200.

Our preference: the upside prevails as long as 70200 is support.

Alternative scenario: the downside breakout of 70200 would call for 68950 and 68200.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 70922 and 70984).

Supports and resistances:
75010 **
74260 *
73520 **
72770
71255 last
70690
70200 **
68950 *
68200 **